Spencer Bachus: “Its passage by Congress in 2010 was an acknowledgment that insufficient regulation led to the problem of the so-called…”

The program also can deny legitimate merchants access to financial networks they need to survive.

Again, I thank the chairmen, the ranking members, and their staff for putting this together. The resolution process for financial institutions is one of the pieces of unfinished business from the 2008 financial crisis, and we will finish…

I would simply recognize Mr. Petri's and Ms. Tsongas' contributions in helping Mr. Kilmer with this amendment--and there may be others. I want to express to the full committee chair our appreciation for supporting this amendment, and I…

However, my continued concern is that the program threatens to dry up legitimate sources of credit and financing.