| In Appreciation Of Staff Member Warren Tryon |
May 17, 2013 |
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Spencer Bachus, R-AL
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"Warren can take pride in his role in helping to pass hallmark legislation including federal deposit insurance reform, the Fair and Accurate Credit Transactions Act, the money laundering provisions in the PATRIOT Act, Check 21, and the JOBS Act."
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| Providing For Consideration Of H.R. 807, Full Faith And Credit Act |
May 8, 2013 |
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Sander Levin, D-MI
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"China and other bondholders first, not college students who earn Pell Grants, or taxpayers due refunds, or other Federal trust funds holding Treasury bonds—for example, Medicare trust funds, deposit insurance, highway and airport trust funds, and the Federal Housing Authority."
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| Snap And Immigration Reform |
May 7, 2013 |
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Steve King, R-IA
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"We’re going to protect hungry kids, and we’re going to protect people that need the benefit; but we’re not going to be paying for tattoos and we’re not going to be bailing people out of jail. By the way, I don’t think we’re either going to be paying for the deposits on those $7 water jugs that people are going in and using their EBT card to buy a big old jug of water, take it out in the parking lot of the grocery store, dump it upside down and dump the water out and carry it back in and turn it in for the $7 cash refund for the deposit. That is a place where millions of dollars have been wasted by people who have EBT cards. If they’re hungry, they’re not going to be spending that EBT money on water, dumping the water out in the parking lot, and converting the empty jug into $7 worth of cash. The gentleman from Massachusetts, I’d like to see him look at some of the fraud that’s going on here and have some compassion for the American taxpayers."
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| Recognizing May As Direct Deposit And Direct Payment Via Ach Month |
May 3, 2013 |
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Gerald Connolly, D-VA
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"Mr. Speaker, I rise today to recognize May as the Direct Deposit and Direct Payment via ACH Month. Administered by NACHA—The Electronic Payments Association, and governed by the NACHA Operating Rules, the ACH Network facilitates direct account-to-account consumer, business, and government payments, and links virtually every one of the more than 13,000 financial institutions in the country. I commend NACHA’s commitment to consumers and to providing a safe, secure, and reliable network for direct account-to-account consumer, business, and government payments."
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| In Support Of H. Res. 172: Supporting The Goals And Ideals Of National Financial Literacy Month |
April 26, 2013 |
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Rub��n Hinojosa, D-TX
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"According to the newly released study from Girl Scouts of the USA, “Having It All: Girls and Financial Literacy,” ninety percent of girls say it is important for them to learn how to manage money. However just twelve percent say they feel confident in making financial decisions. They are also products of how the world has changed, as many distrust large financial institutions and think that debt is a normal part of life. Young people look to their parents for guidance on money issues. Unfortunately, too many parents themselves are choosing to opt out of the financial mainstream, for a number of reasons. According to the Federal Deposit Insurance Corporation, at least 28.3 percent of households in the United States are unbanked or underbanked and, subsequently, have missed opportunities for savings, lending, and basic financial services. According to the National Foundation for Credit Counseling, 39 percent of adults in the United States report that they have no savings. For families to be able to emerge out of poverty, these statistics must change. Financial literacy is the key to social mobility in America."
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