how confident could we be that a designated firm wouldn't simply pop up under a new name or be replaced by a Chinese competitor?
Roger Williams
The Public Record
Roger Williams is an American politician and businessman currently serving as the U.S. Representative for Texas's 25th congressional district, a position he has held since January 3, 2013. A member of the Republican Party, Williams has focused on issues such as economic growth, job creation, and support for small businesses throughout his tenure in Congress. He has also been involved in various committees and has worked on legislation impacting his constituents in Texas.
Why in the world, as a member of that, is the U.S. going along with it and not raising serious objections to that?
I don't think we are exercising the diplomatic and other kinds of pressure that we can bring quietly in these jurisdictions to get them to abandon this practice.
That is not community banks getting that money. That is not Main Street Americans and average wage workers getting that money.
So how does this hurt Main Street America, when someone wants to start a new business or get a loan?
The economy of the United States is the largest in the world. At $18 trillion, it represents a quarter share of the global economy.
According to former Fed Chairman Bernanke, banks are not going to lend out the reserves at a rate lower than they could earn at the Fed.
The excess money being held in reserve is just sitting there, not being let out, not serving an economic purpose.
As I have said many times, events like this might slow us down, but we cannot let them deter us from doing the important work our constituents sent us here to do.
I'm proud to serve the people. We had a great real police. I saw a lot of brave people within our group the other day.
This is an important event, you know. This -- we are coming together for one thing and, you know, I kind of echoing Speaker Ryan's sentiment that an attack on one of us is an attack on all of us.
I think if we don't play the ball game, those that -- they may think they won, that we've lost our will. But we're not. We're going to play a ball game, it's for charity, and I would hope tomorrow night that that stadium be filled to…
Our country wasn't built on that. Our country was built on debate, fair and square elections and that sort of thing. So, this is something unfortunately, an event like this, that has brought Congress together.
It really has. And I think it's a wake up call that we can agree to disagree, but in the end of the day, we're one. We represent the people of America, and America is the greatest country in the world. And America never gives in. America…
the shareholder, the American taxpayer, should be confident that their money is being spent wisely.
I guess with what we have heard today with this testimony is that the Consumer Financial Protection Bureau is one of the most unacceptable and most unaccountable agencies in the history of the United States.
I am here today to tell you that I am not going to be distracted. This is wrong. I will continue to fight for those who live on a thin economic margin.
I have all these are comments just like the ones you just heard from, from hardworking Americans who have actually benefited from prepaid cards.
Did you consider the thousands of positive comments you received from prepaid customers around the country?





