Political Quotes

On the recordMarch 14, 2018
Mr. Speaker, I yield myself the balance of my time. Mr. Speaker, I want to thank the gentleman from Colorado (Mr. Tipton) for his leadership. Again, whether it be through failure, whether it be through merger or acquisition, we still, on average, are losing a community bank or credit union a day in America. And when we listen to them, Mr. Speaker, what we know is it is the regulatory burden. I know that the ranking member speaks frequently of the Wall Street megabanks. They have done quite fine under Dodd-Frank. The ranking member likes to allude to their profitability. Listen, I hope every business in America can find some way to be profitable, but that is not the question. The real question is the profitability of our constituents, half of whom are living paycheck to paycheck. And it is those constituents who we care about when we lose an opportunity for them to capitalize their American Dream. When I hear from Colton in Terrell, Texas, in the Fifth District that I proudly represent, who says: You know what? Me and my wife have been unable to get a mortgage due to credit. We are 25 to 30 years old. We have good credit, but we are getting denied. That is everything to do with the regulatory burden, Mr. Speaker. I heard from Sara in Eustace in my district.…
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Jeb Hensarling
Republican · Texas

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