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You should have been trying to do the right thing, Mr. Stumpf, during these 13 settlements, fines, call them what you want, over 6 years totaling $11 billion.
What do you tell a family who is looking to add their fourth child to their family and they need to put a put a new bathroom in their house in Ellsworth, Maine, and they can't get a loan because of the regulations?
I will not support in any way, shape, or form any kind of bailout using taxpayer money for Wells Fargo.
I just think it's interesting we're already well below your projection or the projection for 2030.
I am hopeful that we can avoid that kind of outcome.
We along with policymakers throughout government and the rest of the intelligence community rely on your agency for ground truth.
I ask all of my colleagues here in the House, Republicans and Democrats, to stand with me, and to stand with our fellow Americans, and to stand with freedom-loving people throughout the world against terrorism. I ask, please, that everyone…
I have joined with Senator Feinstein in introducing our bipartisan Personal Care Products Safety Act, which would modernize our woefully outdated Federal regulatory system.
Our bill is the product of consultations with a wide range of stakeholders, as Senator Feinstein has mentioned, and it would give the FDA broader oversight.
Consumers should be able to know whether the products that they are applying to their own skin or the skin of their children and their hair are safe.
Indeed, it is my understanding that 1,300 chemicals have been banned from personal care products in Europe and the United States, which is quite a difference as well.
See, I think that is why so many companies actually welcome our bill, because they do not want to harm consumers.
I think it underscores why we need a national standard, because if you're going to be selling across State lines, it is just not feasible to have 50 different approaches to this issue.
It would also give the agency the power to order companies to recall products found to be dangerous.
If there were, could you discuss the limits of FDA's current authority to take action when they do find adverse reactions to personal care products?