in conclusion, I simply want to say to the Members who may be listening to this discussion, what we are talking about here is a restaurant, a movie theater, a corner drugstore, a retail establishment. These are businesses that have been in…
Spencer Bachus
The Public Record
I support H.R. 5252. Communications technology today is advancing rapidly but communications law is not. H.R. 5252 will allow the law to not only ``catch-up'' with technology, but also to get out of the way so consumers may benefit from…
I thank Chairman Pryce, and will start by commending Chairman Pryce and Congresswoman Maloney and Congresswoman Biggert and also Ranking Member Frank for this legislation. A lot of citizens might be hearing this debate and they may be…
earlier today I was inadvertently detained during rollcall vote No. 81. Had I been present, I would have voted ``aye.'' ____________________
let me say under Chairman Oxley's leadership, this committee has been committed for almost 6 years with freeing depository institutions of unduly and unnecessary burdensome regulations. When we started this quest, the burden on those…
I have two counties, one is Bibb County, one is Shelby County. The school board in those counties is forced to take about 96 percent of their money and deposit it out of county because there are only two hometown institutions, and they…
Second, the gentleman did mention the fact that we do have a provision in here covering municipal deposits or government deposits and that is for $2 million. The reason we did that is not to protect the big guy or the rich guy. The reason…
I had one glaring oversight in this entire debate concerning the bill. And that is the fact that the gentlewoman from Oregon (Ms. Hooley) who really played a monumental part in this legislation over the past 2 or 3 years and actually was…
I yield myself all remaining time. There are several things I think we need to say to correct the record. One was it was said by the gentleman in opposition that this was taxpayer guaranteed; and, in fact, these deposits are insured not by…
He is not only our friend but every sick child in every poor country of the world has a friend in Tony Hall. Anyone who goes to bed hungry in those countries tonight has an advocate in Tony Hall. And those that do not have a job in these…
the gentleman from Georgia said what he wanted to do, he wanted to establish a homosexual marriage as a fundamental constitutional right that the Federal Government would have to not only secure but to protect. That is what he wants to do …
I think that is actually predictable and let me tell my colleague why. Some States, but not all of them, but some of them already have hate crimes statutes, and they can already prosecute these cases; but all States, all of them, prosecute…
The Department of Justice fully supports the Administration's current policy under the USA PATRIOT Act that requires banks and other financial institutions to establish reasonable procedures for the identification and verification of new…
I think if the Members back in their offices were listening to this debate, they would be sufficiently confused. I think the reason they would be confused is because something said by both the opponents and the proponents of this amendment…
I want to agree with that. This is an important decision, one that defines us as a country. Who should make that decision? The gentleman from Maryland said an individual, every individual, ought to make that decision about marriage. Is…
an enormous unrevealed financial penalty will result from same-sex marriage recognition, but there has been little discussion. Why is the media looking the other way? Do seniors not have the right to know it will affect their Social…
Mr. Chairman, the U.S. motion picture and TV industry makes movies that are seen around the world. But, unfortunately, foreign countries are offering tax incentives to attract that production overseas, and I think most of us have seen…
What we are talking about is we have restricted it to 200 miles: 100 miles in the morning, 100 miles at night. To me it is almost a joke to say that that would fatigue these drivers. The very drivers that are driving, they have been…
I will say this. It is a sad commentary on our time when we even have to have legislation like this. You would not really think in a country that is at war, and we are at war, with soldiers in the field, young men and women risking their…
Mr. Chairman, my amendment simply strikes section 614, and what 614 does is, in a read relief bill, it actually shifts a burden to any independent contractor that deals with the banks, and it creates a presumption or a burden of proof on…
Mr. Chairman, the financial services industry spends a great deal of time and a great deal of money every year complying with outdated and ineffective regulations. That is money that could be loaned to consumers and industries to buy new…
yes, I share that understanding. Not only should consumers know they can opt out of getting these offers, they should also know that opting out or not affects their chances of getting additional credit offers with competitive terms.
the original FCRA that the gentleman from Ohio pointed out was passed in 1996. Right? Not 1776. Is that right? I will admit to the gentleman from Massachusetts we took absolutely no testimony on the American Revolution and none of our…
let me reiterate again, because I think it is important that the gentlewoman from California (Ms. Waters) know this, nothing in this legislation will, in any way, stop SB1, the California bill, from requiring opt-in for third-party…
What this amendment does, first of all, it addresses two things; one is SB1 that was just passed in California. And as to affiliate-sharing, that is what is preempted by this legislation. But the present preemption, what we are doing is…





