Regrettably, Madam Speaker, racism and discrimination flourish in the darkness. We need to shine a light and allow the Consumer Financial Protection Bureau to make lending more transparent. Madam Speaker, a transparent market will be a competitive market. With transparency in lending, banks are driven to compete and offer better terms. With this resolution, extreme MAGA Republicans are protecting the secret discriminatory practice of banks and lenders. Repealing this rule would harm all those who stand to benefit. We want to put profits over people. We want to put light over darkness. Madam Speaker, I urge my colleagues to vote against this resolution.
On the recordDecember 1, 2023
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