The way consumers pay for products and services is dramatically changing.

Congress must protect consumers from unfair and deceptive credit card practices.

I thank the gentlelady. We're here on the floor discussing this bill for one reason and for one reason only, and that's that the Senate has not done their job. Ten months ago, Madam Speaker, this House passed a bipartisan, long- term…

The Financial Committee's work on this reconciliation package saves more than $35 billion. But more importantly, it does what 2,300 pages of Dodd-Frank, 400 new regulations, over 2,000 newly hired Federal regulators, many them living in my…

The Dodd-Frank Act expanded the SEC's authorities and responsibilities, requiring the Commission to promulgate 123 rules...

How the SEC spends its money is a reflection of the Commission's priorities...

We believe the Commission should first determine whether more reforms are needed...

Last year, only 8 percent of investment advisers were examined by the SEC.

Let me tell you what our motivation is. And I think I speak for most Members. My grandfather was a railroad engineer, and that was part of his identity. That is what he did. My dad was a contractor. My other grandfather was a farmer. That…

This recession is different, and the difference is there's no recovery. And that is a historic difference. Now, what is different about this recession and all our other recessions when we had a recovery is government policy. Government…

It is very disappointing, however, that Treasury refused to make Dr. Berner available today to address these questions.

If the OFR is going to stockpile sensitive financial information, then it needs to make sure the data stays out of the hands of hackers, criminals, and those who would do this country harm.

We need to understand what happened at MF Global, both for the benefit of ranchers and farmers who lost money, as well as the American public which benefits from a properly and effectively functioning commodity market.

Thank you, Chairman Neugebauer, for convening this hearing to examine events in the tumultuous final days of MF Global. I commend you for the subcommittee's continued careful and comprehensive review of the facts.

At this time, I yield 4 minutes to the gentleman from North Carolina (Mr. McHenry). Again, this is a bill that several Members worked very hard on, and he is very knowledgeable on these bills. Mr. McHENRY. I thank the chairman, and I…

Let me say this. The gentleman from Connecticut mentioned crowdfunding, and I think that was what gave us more concern than anything else, some of the things he said about the Internet people making an investment being subject to fraud…

I yield 3 minutes to an outstanding freshman on our committee, the gentleman from Tennessee (Mr. Fincher). Everyone speaking on our side has worked very hard on these bills or spent a lot of time, as have many of our Democratic colleagues…

At this time, I yield 2 minutes to the gentleman from Arizona (Mr. Schweikert), a member of the committee, who sponsored and worked on these bills.

Let me say this: during this debate, we focused on crowdfunding, but I think we're all in agreement that this bill is a great improvement, and we will revisit that. That shouldn't distract from the fact that this is a major piece of…

At this time, Madam Speaker, I yield 2 minutes to another Illinois Congressman, Mr. Dold.

We have the right to close. So I would ask the gentleman from Connecticut to proceed. Could I inquire as to time. The SPEAKER pro tempore. The gentleman from Alabama has 2 minutes remaining, and the gentleman from Connecticut has 10…

I would like to again inquire as to the amount of time remaining on our side. The SPEAKER pro tempore. The gentleman from Alabama has 9 minutes remaining. The gentleman from Connecticut has 14\1/2\ minutes remaining.

I would like to inquire, Madam Speaker, as to how much time remains on our side. The SPEAKER pro tempore. The gentleman from Alabama has 13\1/2\ minutes remaining, and the gentleman from Connecticut has 16\1/2\ minutes remaining.

At this time, I yield 2 minutes to the gentlelady from Illinois (Mrs. Biggert), the chairman of the subcommittee.

At this time, I yield 1 minute to the chairman of the Subcommittee on Financial Institutions, the gentlelady from West Virginia (Mrs. Capito), who also worked very hard on this legislation.