Nothing To See Here: Obama quotes a Republican congresswoman?

A very recent presidential speech, via Whitehouse.gov:

THE PRESIDENT: (...)
One Republican congresswoman said just recently -- I’m going to quote this because I know you guys will think I’m making it up -- (laughter).

AUDIENCE MEMBER:  We trust you.  (Laughter.)

THE PRESIDENT:  No, no, no.  She said she had "very little tolerance for people who tell me they graduate with debt because there’s no reason for that."

We trust you?

(hat tip to the Washington Post)