Political Quotes

“And still I rise, Madam Speaker. Again, I thank the chairwoman for the time and the opportunity. I would say to all, I recall the debate around the yield spread premium, wherein a loan originator could say to a person, ``Here is a loan, you are lucky to get it for 10 percent'' when the person qualified for a loan at 5 percent. We eliminated the dastardly yield spread premium and the harm that it caused. We have a similar circumstance with the rent-a-bank scheme that steals the American Dream, such that people who qualify for better loans will likely get higher loans because they don't always understand the scheme. So I rise today, and I thank Mr. Garcia for what he has done to bring this bill to fruition. I thank the Chairwoman, and I absolutely support the legislation. Mr. McHENRY. Madam Speaker, I yield 3 minutes to the gentleman from Kentucky (Mr. Barr), who is the ranking member on the Subcommittee on National Security, International Development, and Monetary Policy of the Financial Services Committee. He is also a member of the Foreign Affairs Committee. {time} 1400”