David Schweikert

When you see something that says OASI, that means ``Old Age, Survivors Insurance.'' That is Social Security. That is Social Security. DI, think of it is as Social Security disability. I yield to the gentleman from Pennsylvania.

Yes. Look, this isn't a sinister plot. I can remember, back in 1981 or in 1982, sitting in a statistics class, and the professor at that time was actually showing how much money had to be set aside because the baby boomers eventually were…

As we do this, we probably should make the distinction between an earned benefit and an entitlement and those, but, for right now, we are going to somewhat refer to them as ``mandatory spending.''

My understanding is, as of yesterday, we now have nine running banks that have access to the SWIFT system.

Are we fighting the last war, and the concentration of risk of unintended consequences.

Look, we are talking past each other because you know everything I know about why your derivatives contracts to protect your interest rate exposure, that would be something you would find joyful, not put them into a designation.

But also the statute actually had some deadlines too.

Are there some things--because this is one of the things in our lives that actually may be bipartisan--we can do as policymakers...

There is a certain nervousness out there that in the waning days of an Administration, the independence of the SEC...

If done robustly, there is actually an interconnectivity there that actually could be very helpful for the economy.

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from Arizona will be postponed. Amendment No. 23 Offered by Mr. Westmoreland The Acting CHAIR. It…

May I request how much time is remaining on both sides? The Acting CHAIR. The gentleman from Arizona has 3 minutes remaining. The gentlewoman from California has 15 seconds remaining.

You would be happy to know and my friend from California would be happy to know CBO actually supports fair value accounting. I reserve the balance of my time.

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 1032, after line 4, insert the following: SEC. _____. USE OF FAIR VALUE ACCOUNTING PRINCIPLES. The…

Not to belabor this one, because actually, in many ways, our friend from Oregon has spoken to this one. I actually believe we may have some misreading of what the previous one says, but we will adjudicate that again maybe over coffee. This…

I thank my friend from California and my fellow Members who I just pushed out of the way. Look, I know that we are discussing a transportation bill. But if you look at an amendment like this, the understanding of what is coming at us…

And obviously, once again, I believe our collectively ultimate focus is actually not the agency, it is the people who need the services, and are we doing it the best way to touch the most lives for the maximum benefit.

But do understand there are a number of us who are just really interested in how commerce, the ability to work and trade, is a key solution to dealing with world poverty.

I would love to give this a little intellectual thought, and I am way over time, but this is something I--

And generally, because so many of us have focused on the capital facilities, infrastructure facilities down to the micro financing, how about also now on the sort of micro production side?

I thought it was inappropriate, I thought the United States should have participated in the chartering of the Chinese-sponsored Asian Development Bank for the governances.

I have always been puzzled as to why other lenders don't compete down the high costs of these payday loans, the 390-percent interest rates and the like.

Just as one policymaker, I have great concerns about proprietary data making public policy because when the rest of us cannot sort of stress it and see it and match it and test it, there is something almost unseemly of: Well, we bought…

You have hundreds of auto dealers who are African Americans, but when you put this blanket indictment, you hurt them.

You based that on a report that was shamefully flawed. It was inaccurate.