Let me introduce into the Record a letter that 16 Republicans, including myself and Scott Garrett, sent to Chairman Frank asking for hearings on the Bear Stearns matter and his response in which he said that he had much greater confidence…
Spencer Bachus
The Public Record
Our constituents today are under a lot of stress because of the high cost of energy, gasoline prices, heating bills this winter. And Vermont, and I congratulate Vermont. Seventy-three percent of their electricity is powered by nuclear…
as I said, in closing, I want to thank Chairman Frank of the full committee for his willingness to allow this unanimous consent request to be adopted. And as he would agree, this allows this very important piece of legislation to go to the…
I speak in support of the legislation. First of all, let me thank Chairman Frank and Subcommittee Chairman Waters for the bipartisan cooperation they've shown in bringing this bill to the floor. Mr. Chairman, this legislation is very good…
it is my honor to express my full support for H.R. 3532, naming the Federal post office in Lula, Georgia, in honor of PFC Johnathon Millican. It is a fitting tribute to a brave solider. This recognition from the community where Johnathon…
I supported it for three reasons when it passed the House. Most importantly, and I repeat the words of Ranking Member McCrery, we're getting money back in the hands of American citizens. We're letting them make the decision on how to spend…
let me say this to the membership on both sides. I believe that we've come together in a bipartisan way to pass this legislation today because we have confidence in America. We have confidence in the American people. We believe the…
Members of this body, let me say that there is a difference of opinion on our side and different opinions on our side. But I do believe that one thing ought to be clarified, and I believe I share this opinion with all my colleagues on this…
Since HOPE VI, we've had a lot of success. I think the program is a success. How the program has been a success is not as simple as simply replacing units on-site. In fact, most of the residents of these housing projects have actually…
Congresswoman Lee has, I think appropriately, mentioned several Members who have worked hard on this legislation. And historically in this Congress the House has come together to work very hard in a bipartisan way, not always successfully…
Mr. Speaker, the Terrorism Risk Insurance Act, TRIA, provides a free Federal backstop to private insurers to protect them against acts of terrorism in the United States so they can have insurance. It was enacted, as all of us recall, right…
we have 19 days till this program expires. Now, if, as you have said, this is such an essential program, we need to pass a bill today. The industry needed 6 months. They've only got 19 days. Policies have to be written. We can continue to…
Well, as I said a few minutes ago to the chairman, with all respect to the chairman, we have 19 days. We've talked about the importance, particularly on that side of the aisle, and many Members on our side, the importance, if we are going…
It's all come down to this. We can continue to debate the Senate, we can continue to try to change this bill, or we can pass a bill, send it to the President, which extends this vitally important program as so many speakers on the majority…
I compliment the author, Mr. Green, for this amendment. I would anticipate and hope that with the passage of this amendment that mortgage originators would receive instructions on these subjects. So I very much am in support of the…
in my opening statement I talked about the fact that we had had negotiations over the past 2 years trying to really gain a balance in this legislation between lender and borrower to ensure that credit is still available to borrowers, to…
the gentlewoman from Ohio obviously points out a significant problem with foreclosures in Cleveland. It is actually a heart-breaking experience that the people of Cleveland are going through when one out of every five or six houses are…
I think there are some admirable parts of this legislation. In particular, the addition that the ranking member was able to make in consultation with the chairman on licensing of mortgage brokers. I think that is helpful and positive and…
The chairman is correct. Section 107 was designed and implemented to give the Federal bank regulators flexibility in implementing the national registry. And it is the intention of the committee, of the entire committee, that, as they do…
many of us are sympathetic to the insurance rate increases coastal catastrophe-prone areas have experienced recently, but there is no consensus that H.R. 3355 would offer any long-term help. Instead of granting long-term relief for…
I rise in strong support of CJ's Home Protection Act of 2007. Congressman Ellsworth said a picture is worth a thousand words, and he held up a picture of CJ Martin. When the Congressman brought CJ's mother, Kathryn Martin, to my office, he…
CDBG, those programs under HUD, designate money to all of the States, to many local governments, and to our different territories. In addition to that, you have the HOME program. You have patterned this bill, if you look at it----
What we're doing here is we're taking money to fund this large expansion of Federal housing, we're not taking it from the 30 existing programs that specifically address low-income housing, elderly, disabled, AIDS, senior citizens. We're…
Back in June, when you released your press statement, you said this trust fund would be the largest expansion of Federal housing in decades and that was June 28.
Mr. Chairman, as I said at the start of this debate, the trust fund will be the largest expansion in Federal housing programs in decades. That is what we are debating. Also at this time I would like to introduce, and I asked back in July…





