Madam Speaker, I now yield 1 minute to the gentleman from New York (Mr. Gibson).

Madam Speaker, I now yield 1 minute to the Congresswoman from Alabama (Mrs. Roby). (Mrs. ROBY asked and was given permission to revise and extend her remarks.)

The complexity of Title VII shouldn't be underestimated, but neither should the far-reaching impact it will have on our economy.

As we work to revive the economy and create new jobs, we simply cannot afford sweeping new regulations that are poorly vetted that impose substantial costs that outweigh the benefits for our financial system and our economy.

A margin requirement imposed upon end-users would subject them to significant cash burdens, cash that might otherwise be used to put to work in the economy.

I believe the same principles should be applied as we exercise our oversight responsibilities on implementation of Dodd-Frank.

Title VII isn't just about financial firms; it has the potential to impact every segment of our economy, from farmers and ranchers to manufacturers, energy companies, to healthcare and technology.

I believe the law of unintended consequences is the hallmark of hastily considered rules and ill-conceived regulation.

I have supported the CFTC's collaborative regulatory process.

Today, this Committee begins what will be a long series of hearings to review the implementation of the derivatives provisions included in the Dodd-Frank Wall Street Reform Act.

Although it may not have been perfect, Congress included an exemption in Dodd-Frank for end-users from the margin, clearing and exchange trading requirements.

This hearing of the Committee on Agriculture to review the implementation of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act will come to order.

Madam Speaker, I ask unanimous consent that the following cosponsors be removed from the permanent record as cosponsors of H.R. 536: Jeff Duncan, South Carolina 3; Virginia Foxx, North Carolina 5; Adrian Smith, Nebraska 3. These Members…

I'd like to borrow, I'd like to expand, I'd like to hire more people, but currently the bank is hiring more compliance officers and we are doing less lending.

Well, let me just say to you, from the Oklahoma perspective, there has been growth in that area.

I would simply observe, I think, that we all realize that the Fed's, in effect, running the printing presses perhaps is the best policy alternative they have there right now in this situation.

Honored to be here.

That would be terrific.