I firmly believe that we must enact many of the important reforms contained in the CHOICE Act.

I support the provisions that require the restructuring and accountability of the CFPB.

I support the provisions of this bill that increase accountability of both Washington and Wall Street.

My hope is that the bill we have worked on, maybe we could try to get it into the tax reform package because it's an issue, I think, that should bring right and left together.

My hope is that this hearing will shed some light on this abusive law and lead to a demand for action.

FATCA has led to a number of U.S. expatriates renouncing their citizenship.

I think most people actually agree with Mr. Kuettel. They may not be happy about their paying taxes, but they agree that it is their civic duty to do so.

You have been an advocate on this, not only as a county commissioner, but now as my State senator and someone I enjoy calling my friend.

I want to thank my colleague Ms. Foxx for her leadership on this particular issue, for your leadership in bringing forward this hearing.

Senator Rand Paul recognized an issue that was brought to him not only from his concern for freedom-loving individuals and the Constitution.

I have real problems with us treating citizens of the United States who happen to live abroad differently than citizens of the United States that happen to live in the contiguous 48 or whether it's Puerto Rico or anywhere else.

But we use totally different vehicles than this particular vehicle. And so to suggest that they're one and the same would not be accurate.

And yet they're being forced with a decision of, do they renounce the country they love so that they can continue to transact even a normal bank account?

FATCA also unfairly and unilaterally burdens our biggest trading partners and strongest allies.

Other countries are understandably upset that we are hurting their economies and are doubly upset that we have not yet offered them access to our own taxpayer data.

So I must tell you: When somebody tells me to take back a piece of legislation that could have passed only if we were deluged with information that made it irresistible, if you tell me that that is the only answer, I have to tell my…

So, if you've lived your life under that regime, knowing that there is a return, knowing that the IRS, that the gentlewoman from the District of Columbia talked about, knowing that there are financial resources, knowing that Commissioner…

No, there's no way, no.