In 2016 alone, 18 regulations were issued for each law passed by Congress.

Federal agencies have a very active role assigned to them by Congress, and what they do touches the daily lives of the public.

If the IRS is able to do rules and regulations at the pace of 9 to 10 rules a day, and our action, under the Congressional Review Act, would require a laborious month, two month, three month process to overturn that, do you see how…

I support reauthorization of these programs. I look forward to hearing about the innovation that's taking place in the animal drugs and how we can support the health of animals and human beings, as well.

Only Congress can legislate and agencies cannot issue regulations unilaterally.

This hearing, Mr. Chairman, is so very important and so I associate my comments with the gentlelady from Tennessee that this is bipartisan, bicameral, and these are two pieces of legislation that we must move and do it very quickly.

regulation in this space is something that the U.S. we have to get right because poor or rushed policy with respect to cryptocurrency and tokens, in my opinion, it really threatens America's leadership in finance and in technology.

Mr. President, I had not planned on talking about the bill we have before us, S. 2155, but the other day I was listening to another Member speak, and this Member was talking about how this bill could threaten and possibly increase the…

We are going to do everything we can to make sure that your stories are becoming fewer and fewer until we can get them to be none.

I think what you are doing there could serve as a basis for something that we should identify a way to pilot.

I immediately want to how you pay for it and also how you measure the benefits.

I think that your review of the Durham experience since 2008 was extraordinary.

fewer and fewer victims, until there are none.

The hearing will come to order.

This hearing is not a once-and-done moment. It is a process.

The best consumer protections we have out there in any type of regulatory environment in this world and you are saying it is less stringent?

I want to thank Congressman Rothfus and Congresswoman Beatty for their working together on H.R. 5059 to help provide relief.

Thank you for holding today's hearing on this important proposal to improve oversight of the insurance industry by lifting costly and unnecessary regulations.