Whether regulatory power and sweeping new powers really should be centralized and given to the Federal Reserve at a time when our country is facing unprecedented fiscal, economic, and monetary policy challenges, we believe, is very problematic.
Bachus questions the wisdom of centralizing power in the Fed amid economic challenges.
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But removing all that information you promise us that you don't want, you don't need, you are not going to share, why even receive that information?
First let me thank Chairman Goodlatte and Ranking Member Conyers--former Chairman Conyers--for those kind remarks. I have been fortunate to associate with both of you gentlemen over the past years and appreciate the confidence you have…
I claim the time in opposition, although I am not opposed. The CHAIR. Without objection, the gentleman from Alabama is recognized for 5 minutes. There was no objection.
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