Political Quotes

“Mr. Chairman, I respect and appreciate my colleague's comments. I would point out that the CFPB, which I would argue, is an unconstitutional bogeyman for so many small American businesses. They want to force lenders to report data from women-owned businesses. In the committee hearing, I asked Mr. Chopra: What is a woman? He couldn't answer the question. He chose not to answer the question. I would argue, how is this information and data even reliable when they can't define what a woman is. Mr. Chairman, this is one of those situations that in the name of transparency the government is collecting more information, information that they don't need in order to warrant or grant creditworthiness. There is a point at which you stop collecting data. There is a point at which you have an obligation to protect the consumer, especially when you look at all the data breaches that our government and banks have had over and over again. Mr. Chairman, I urge adoption, and I reserve the balance of my time.”