Political Quotes

On the recordApril 15, 2015
I think that is especially dangerous, just because with a QM loan, there is nothing anybody can do about it if it goes bad.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed warns against the risks of portfolio loans being classified as QM loans.

Share

More from Jack Reed

May 13, 2026

it is not enough that President Trump has injected chaos and inflation into the economy with his illegal tariffs, unauthorized war, and his so-called Big Beautiful Bill. He is also stripping protections for average Americans against being…

govinfo.gov
Jul 21, 2026

This measure is a tribute to Senator Graham’s tenacious, bipartisan work in support of Ukraine.

ernst.senate.gov
Jun 9, 2026

Preventable deaths, inhumane conditions, and millions of dollars in waste are the direct result of the Pentagon cutting corners and handing a billion-dollar contract to an inexperienced vendor that wrote its own performance standards.

wisconsinexaminer.com
Nov 6, 2025

while the president transforms the military into his personal political tool.

bostonglobe.com

Other voices in this conversation