Political Quotes

“My amendment would prohibit funding from being used to carry out the actions described in Biden's October 31 fact sheet regarding cracking down on so-called junk fees that we have heard a lot about tonight. Specifically, this amendment would prevent funding from being used to implement the Department of Labor's controversial effort to crack down on so-called junk fees in retirement investing that could easily result and will result in higher fees and fewer investment options for hardworking Americans. Since the beginning of the Biden administration's whole-of-government crusade against so-called junk fees, it has been clear that the President and his officials are just targeting fees and practices that go against their own subjective preferences. The administration can't even define what a junk fee is. Maybe my good friend on the left could define what a junk fee is. Mr. Chair, I reserve the balance of my time. Ms. DeLAURO. Mr. Chair, I claim the time in opposition. The Acting CHAIR. The gentlewoman from Connecticut is recognized for 5 minutes. Ms. DeLAURO. Mr. Chair, the prior speaker talked about families trying to save for college. I understand that. It is tough these days to save for college, to put your kids through college, especially in this economy--thwarted, I might add, by some of the prior amendments that we have seen here tonight. Why wouldn't we try to protect those folks, allowing them to save and, quite honestly, save them from junk fees?…”