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In the wake of the 2008 recession, Congress and the Obama Administration rightly focused financial regulation on protecting the nation's financial system from itself. ”
Escrow accounts are an important tool for homeowners to the reduce the risk of mortgage default on high-priced loans. Millions of Americans, including my wife and I, utilize these accounts to make monthly payments towards the annual financial obligations that come with homeownership like taxes and insurance. ”
Even if a financial institution rejects an initial application by an individual using a synthetic identity, credit bureaus create a record from the transaction based on the fraudulent credentials. Consequently, the record can be used repeatedly by a fraudster to establish a fake identity used to commit financial and other types of fraud. ”
I voted against H.R. 4293, the Stress Test Improvement Act of 2017, which would modify the regulatory oversight of certain financial institutions in a way that is likely to expose our economy to greater risk. ”
Let's stop bankrupting the country and start investing in our future. ”
We cannot forget that our flag received its first foreign salute from a Dutch officer, nor that the Province of Friesland gave to our independence its first formal recognition. ”
On this day, so full for Americans of thoughts connected with their National Independence, we may not forget that Americans have yet other grounds for gratitude to the people of the Netherlands. ”
If a movie has more characters than an audience can keep track of, the audience will get confused and lose interest in the story. ”
The internet was supposed to homogenize everyone by connecting us all. Instead what it's allowed is silos of interest. ”
More people living in less space can put greater strain on already limited sanitation resources, and this can create a fertile breeding ground for waterborne infectious disease and the insects spreading them. ”