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Virginia Foxx
@virginiafoxx· Republican · NC· Mar 28, 2017

I want to thank our witnesses today, and I also want to thank Mr. Rokita for introducing this bill.

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Thom Tillis
@thomtillis· Republican · NC· Mar 27, 2017

If we are going to get serious about immigration reform, we have to recognize that these are all levers that need to be available.

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Deborah Koff Ross
@deborahkoffross· Democratic · NC· Mar 27, 2017

I am a small-business person and I understand every bit of that.

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Virginia Foxx
@virginiafoxx· Republican · NC· Mar 27, 2017

We should not waste a dime of hardworking taxpayer dollars and to excuse this kind of abuse and fraud is unconscionable.

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Deborah Koff Ross
@deborahkoffross· Democratic · NC· Mar 27, 2017

At least one went to court and was successful. And I think one insurance company went to court and was successful, MetLife.

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Deborah Koff Ross
@deborahkoffross· Democratic · NC· Mar 27, 2017

It's like going to the doctor, you are sick, but we are not going to tell you why you are sick or how you got sick or how you can get better, but we will let you know when you are dead. It's the same way with SIFI designation.

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Deborah Koff Ross
@deborahkoffross· Democratic · NC· Mar 27, 2017

And wouldn't you say that if we are going to go this route and allow for FSOC to ignore its experts and indict a State-based system of insurance regulation that we are essentially setting up possibly a two-tiered system, one of which that…

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Deborah Koff Ross
@deborahkoffross· Democratic · NC· Mar 27, 2017

And I guess my point is, is this not, this action by the FSOC of designating these three insurance companies, is it not an indictment of the State-regulated base form of insurance regulation that we have in this country?

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Deborah Koff Ross
@deborahkoffross· Democratic · NC· Mar 27, 2017

Interesting, of the four non-bank financial institutions, three, of course, were insurance companies...

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Deborah Koff Ross
@deborahkoffross· Democratic · NC· Mar 27, 2017

Ultimately, the staff report verifies what we have already known: that Washington simply is unable to accurately identify and define systemic risk.

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Virginia Foxx
@virginiafoxx· Republican · NC· Mar 27, 2017

This kind of fraud and abuse is not a good use of hardworking taxpayer dollars.

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G. K. Butterfield
@gkbutterfield· Democratic · NC· Mar 24, 2017

What is it about this, Mr. Speaker, that you don't understand? You are wrong on this. Don't let your base push you over the cliff on this bill.

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Virginia Foxx
@virginiafoxx· Republican · NC· Mar 22, 2017

I now yield 2 minutes to the distinguished gentleman from Michigan (Mr. Mitchell), a member of the committee.

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Virginia Foxx
@virginiafoxx· Republican · NC· Mar 22, 2017

I now yield 1\1/2\ minutes to the gentleman from Ohio (Mr. Chabot), the distinguished chairman of the Small Business Committee.

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Thom Tillis
@thomtillis· Republican · NC· Mar 22, 2017

I think that Senator Gillibrand and I both intend to work on language that will move forward to the full committee.

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Thom Tillis
@thomtillis· Republican · NC· Mar 22, 2017

I think you are onto a point there because as--as somebody who was a senior manager, I wanted to be able to get the most talented, most capable person for a position.

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Thom Tillis
@thomtillis· Republican · NC· Mar 22, 2017

I would have hired Bill Gates, and so you would, I think, Senator.

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Thom Tillis
@thomtillis· Republican · NC· Mar 22, 2017

I think that would be a tremendous step forward.

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