Mr. Chairman, as we start this discussion or debate about this new program, the National Affordable Housing Trust Fund program, I think it is important to distinguish between what we disagree on and what we agree on. The first thing that…
Spencer Bachus
The Public Record
Mr. Chairman, as one of the original authors of the first TRIA legislation back in 2002, which passed this House with a strong vote, and also as a supporter of the extension in 2005, which I also cosponsored, I am disappointed that I have…
the Farm Credit System does fulfill a valuable service to the farmers of America, and we have no argument with that. But we all need to recognize that the Farm Credit System is a government-sponsored entity. It has the benefits and…
the activities of Planned Parenthood are a concern for many of us. In Alabama, there was an unsuccessful abortion at a Planned Parenthood clinic, and the baby was born with severe injuries including a hole in her heart. Planned Parenthood…
I thank the Chairman, and let me attempt to answer the question. The question is really not whether the gentleman from North Carolina objects to an earmark. It's not whether the gentleman from New York is for an earmark. Really, this is…
I care about the American people. They have a right to know. They have a right to disclosure.
Chairman, your response does indeed clarify the situation, and I thank you for doing that. And I again thank you and the gentleman from Ohio (Mr. Gillmor) for their work on this important bill. I would also like to join with you. You have…
I said earlier in the debate, we do not need another housing program. If we determine that the 90 some-odd housing programs are not being effective in addressing the needs of low-income and middle-income Americans, then we need to first…
If there is validity in taking $3 billion, there's $3 billion over there that we can take from the GSEs and we can do it without affecting their stability... But you know, before we start addressing that need, let's keep our promises to…
Let me say this, the shareholders, that's the profits of the company, and the profits have to be generated somewhere. This idea that it doesn't cost anybody anything, and there is not a cost to the customers of the corporations, who are…
This actually is a government-sponsored entity. And what we do in this bill is we try to separate and say that there is no implied guarantee by the government for this entity; it needs to generate its own profits. And it does that from…
And that this was a nonbinding resolution. But I believe this actually is not a nonbinding resolution.
this legislation amends the 1934 Securities and Exchange Act, and it seeks to amend section 16. Section 16 covers reports by officers, directors and owners of 10 percent or more of the equity of a corporation and requires them to disclose…
I take this opportunity on the rule to simply clarify what we're debating here today. Now, we are not debating executive compensation, because the Congress does not set executive compensation. There have been many examples just in the past…
I have enjoyed a long friendship with him, have the utmost respect for him, and I associate myself with the remarks he made. I believe his remarks were fair and accurate. Not to parrot the Fox News network, but also fair and accurate. He…
I do acknowledge that low-income Native Hawaiians living on the Hawaiian homelands, that they are under some restraints in building homes and financing those homes; and, because of that, there is support on my side of the aisle for some of…
What I am speaking about, and I think there is agreement on both sides of the aisle, that when you have a housing project where a large percentage, even a majority of the young men that grow up in that housing project end up in a State…
Hurricane Katrina was a terrible tragedy for the gulf coast. It was a terrible tragedy for New Orleans. In fact, it was the greatest tragedy that we have had as far as a natural disaster in the history of our country. As far as loss of…
In fact, it is not only not the best way, it is the wrong way, because what we are doing here is we are saying before we replace these units, before we tear them down and build a community like Centennial, or East Lake, we are going to…
Mr. Chairman, during this debate we have talked about, and I think correctly so, the need to attract foreign investment. And that is one thing that we bipartisanly agree on, that it is very, very important. There are barriers to foreign…
I hope that all Members of this body recognize the benefits to our economy from the robust level of foreign investment that is coming into this country. A few minutes ago, I mentioned a company that 55 percent of it was owned by one…
That sounds very good to me. I do want to thank you for this piece of legislation because I think it is both a predictor of the past in that this committee has worked in a bipartisan way to do the right thing for both the customers of…
I am happy to rise today in strong support of H.R. 188, legislation "to provide a new effective date for certain provisions of law in Public Law 105-331," introduced by the gentleman from New Jersey, Mr. Pallone. Enacted in 1998, Public…
is the question to negotiate or not negotiate? Is that the question? No, that is not the question. The question is, will the government do the negotiating, or will the private companies do it. And what will the result be? Well, we already…
last September, William Fox, at that time head of FinCEN, made this statement at a hearing before the Financial Services Committee. He said: ``The Congress has in the past recognized the need to reduce the number of currency transaction…





