Political Quotes

“Mr. Speaker, I yield myself 30 seconds just to say we are losing a community bank or credit union a day in America, and we are losing them because they are drowning in a sea of Dodd-Frank regulations; and as they perish, so do the dreams of many of our constituents. Mr. Speaker, if a small community bank or credit union makes a loan and keeps it on their books, guess what. They want the loan repaid. They are going to make sure that the taxes are kept current. They are going to make sure the insurance is kept current. They don't need the burdensome regulation coming out from some Washington bureaucrat telling them how to do their business. They want to ensure the loan gets paid anyway. Mr. Speaker, I yield 3 minutes to the gentleman from Pennsylvania (Mr. Rothfus), the vice chairman of the Financial Services Subcommittee on Financial Institutions and Consumer Credit.”