Cory Booker Quotes


It defies logic that protections against predatory debt collection practices don't apply to debt collectors hired by the federal government.


Citations

Booker, Cory. "Booker Introduces Bill to Protect Consumers from Predatory Debt Collectors." Cory Booker, U.S. Senator for New Jersey, 2016.

Related Quotes

The Consumer Finance Protection Bureau was established over much Conservative opposition in the reforms that were established in the wake of the Meltdown of 2008 and the Great Recession. And the Republican Party was critical of everything that it did. The issue of whether or not the Federal government should even have a role in consumer protection was been debated for over a century. This quotation is very ironic in that the first major federal legislation to assist American consumers was pushed though by Republican President Theodore Roosevelt. Over 100 years later, it was the Republican Party that fought to weaken or eliminate Federal efforts. Ryan, the Republican legislative leader, led the effort. Ironically, most businesses agreed with him about the micromanagement as it was they who had to change their modes of operation to comply with CFPB regulation, but the vast majority of consumers did not feel that they were being micromanaged although many agreed that the companies interacting with consumers were certainly being managed much more tightly.


Cory Booker
Cory Booker
  • Born: April 27, 1969
  • Nationality: American
  • Profession: Politician

Cory Anthony Booker is an American politician, attorney, and author who has served as the junior United States Senator from New Jersey since 2013. A member of the Democratic Party, Booker is the first African-American U.S. Senator from New Jersey. He was previously the 38th Mayor of Newark from 2006 to 2013. Before that time, Booker served on the Municipal Council of Newark for the Central Ward from 1998 to 2002.