Metavid

Video archive of the US Congress

House Proceeding 05-07-09 on May 7th, 2009 :: 1:24:55 to 1:26:30
Total video length: 2 hours 19 minutes Stream Tools: Stream Overview | Edit Time

Note: MetaVid video transcripts may contain inaccuracies, help us build a more perfect archive

Download OptionsEmbed Video

Views:29 Duration: 0:01:35 Discussion

Previous speech: Next speech:

Tom Price

1:24:51 to 1:25:11( Edit History Discussion )

Tom Price: of the congress states? so on that ground alone i would oppose this amendment. i reserve the balance of my time. reserves the balance of his time. the gentleman from georgia. mr. price: thank you, mr. chairman. i want to thank the committee for requesting from the rules committee that amendments be made in order. i appreciate that because i think these are getting to

Tom Price

1:24:55 to 1:26:30( Edit History Discussion )
Speech By: Tom Price

Tom Price

1:25:12 to 1:25:32( Edit History Discussion )

Tom Price: important issues. the gentleman talks about the expansion of safe harbor provisions and they are. but that doesn't have anything to do with whether or not the federal reserve or some entity ought to stimulate that the cost of credit won't be greater or the availability of credit won't be less if this bill is adopted. that's the heart of the amendment. and my friend from massausetts

Tom Price

1:25:33 to 1:25:55( Edit History Discussion )

Tom Price: talks about being surprised about various protestations about the role of the federal reserve. well, i would be the first to stand with him if in fact he wants to support maintaining or returning the federal reserve to stimulating only about monetary polcy. the fact of the matter is that the federal reserve has jurisdiction over this area. the federal reserve has put

Tom Price

1:25:56 to 1:26:17( Edit History Discussion )

Tom Price: forward particular rules regarding mortgages. in fact many of them address the very issues that are being addressed in this bill today. so again the heart of my amendment says that if in fact this bill will not decrease the availability of credit or will not increase the cost of credit, then it's fine. move it on forward. but if it will, if it will

Tom Price

1:26:18 to 1:26:30( Edit History Discussion )

Tom Price: decrease the availability of  ?? credit or increase the cost of credit to folks out there across this land, then we ought not move forward with it. we ought not punish those individuals who through no fault of their own find themselves in

Personal tools

MetaVid is a non-profit project of UC Santa Cruz and the Sunlight Foundation. Learn more About MetaVid

The C-SPAN logo and other servicemarks that may be found in video content are the property of their respective trademark holders. None of these trademark holders are affiliated with Metavid