We have two significant nominations before our committee today.
This concentration of power violates our Nation's basic democratic principles.
Supporters of Dodd-Frank said that they wanted to make the Bureau independent. What they did was make the Bureau unaccountable.
This was a mistake, I believe, and it needs to be corrected.
The Bureau's unique and unprecedented structure deviates radically from the fundamental principles of accountability and checks and balances...
I think this was a gross misstep.
I believe the stage is set for a resurgence of inflation if the Fed is not real careful.
The failure to adopt a pro-growth economic plan or to restrain Federal spending has effectively boxed the Fed into a corner.
Tell us here today, and, of course, you are speaking to the American people, why our economy is not moving, our jobs are not growing, unempl...
If the Fed does not raise interest rates, higher inflation is almost assured.
But that is not a solution to their problem, though----
Are you basically telling us we are not going to have a robust recovery, not in the next 6 months, 8 months, 10 months, are we?
the whistleblower provision in Dodd-Frank is drafted in a way that could actually harm investors.
Who owns a corporation? Who does? And what does a corporation exist for, for whom? The shareholder.
We need to have--create conditions, that is, our regulators and so forth, where a corporation cannot be hijacked for financial reasons by ma...
We have serious problems, we are spending billions of dollars, we don't have a cure.
We cannot lose focus of the fact that what we do here, at the Federal level, results in mandates on the states.
I am interested in learning more about this topic.
