Spencer Bachus: “Tammy Duckworth has proposed legislation to be able to waive that.”

If you are imposing costs on the system, you should have to internalize them.

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…

In this economy, the last thing we need is to make it harder for businesses to operate and employ workers, and by that I mean legitimate businesses.

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