[Congressional Record Volume 161, Number 165 (Thursday, November 5, 2015)]
[Extensions of Remarks]
[Pages E1612-E1613]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                        IN HONOR OF VETERANS DAY

                                 ______
                                 

                          HON. RUBEN HINOJOSA

                                of texas

                    in the house of representatives

                       Thursday, November 5, 2015

  Mr. HINOJOSA. Mr. Speaker, as Veterans Day approaches, I rise in 
honor of our nation's servicemen and women for their tremendous courage 
and sacrifice in defense of our liberties.
  Regrettably, selfless acts of valor and service by Americans in 
uniform are often taken for granted. They are not always reciprocated, 
and their vulnerabilities are often preyed upon by the despicable and 
unscrupulous. In those cases, it is our duty to come to their defense.
  We are all too aware of cases when abusive and predatory payday 
lenders target and entrap veterans, misleading and forcing them into 
downward spirals of high cost debt. While the Defense Department 
recently finalized rules to protect active duty military service 
members from triple-digit interest rates on payday loans, the job is 
not done.
  Veterans are not protected under the law and remain vulnerable. 
Therefore, I call on my colleagues to join me in supporting stronger 
consumer protections and to rein in abuses involving high-cost lending 
to veterans while they struggle to make ends meet.
  Mr. Speaker, much more work remains to be done to raise the quality 
of life of our nation's veterans. Let us resolve this Veterans Day to 
meet those challenges head-on as we thank and honor them for their 
courage, sacrifices and service.

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