I just want to congratulate you and welcome you to the Committee. These are tough jobs, and you are very qualified, and I intend to support you.
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The United States can play a huge role in working with our allies to stabilize, geopolitically, this world if we are smart on how we actually do it.
It has been told to me that we are losing a number of these smaller institutions, and that concerns me
As I understand it, in Section 1002 of Dodd-Frank, it explicitly gives the CFPB the authority to exempt credit unions from certain regulations and smaller institutions.
Is it--I am told that sometimes these investigators are--they have quite a bit of leeway in what they go forward and what they look at.
As a former small business owner, I am aware of the difficulty of complying with some of these regulations and having the staff to meet those compliances.
The CHRONIC Care Act, another bipartisan legislative product out of this committee, was also signed into law recently.
Before I begin, I want to express, on behalf of the committee, the sadness we all feel in light of yesterday's events in Florida.
Thank you for raising this crucial issue and bringing attention to an important proposal in the President's budget to lower drug costs for American seniors.
One-point-four trillion dollars cut from Medicaid, millions of Americans locked out of the program.
Millions of women would lose the right to see the doctor they trust, the doctor of their choosing.
The administration is giving a green light to junk insurance policies that revive the worst insurance abuses of the past.
What the Trump budget offers is chaos in the private insurance market and the elimination of key consumer protections.
The Trump agenda of health-care discrimination is back.
Again, I want to thank everyone on this committee who worked on this bill, most notably our ranking member, Senator Wyden.
I want to once again commend my colleagues on both sides who joined in this effort and who share in this success.
Senator Ted Kennedy and I created the CHIP program more than 2 decades ago.