Political Quotes

“I thank the Senator from North Dakota for her question because she is right on the pinpoint of what this issue is about. It is really about small businesses that don't have huge capital reserves to set aside money so that they can guarantee the sale of their product. As I said, there is $9 billion of pending issues before the Bank right now, and many of those are small businesses. So those small businesses could be opening up economic opportunity that might grow their revenue significantly and allow them to create more jobs. When we think about the motion I just made, if no one had objected, that $9 billion would have been free to go out into the economy, those deals would have gotten done, those small businesses would have been empowered, and we would be on our way to winning in what is an export economy. Why is it an export economy? Because the growing middle class around the globe is going to double in the next several years. Ninety-five percent of consumers live outside the United States of America. So we want to win economic opportunity, and we have to be able to sell outside the United States of America. It is hard because not every place in the United States of America is so developed that their banking system is there to do deals.…”