Ed Royce

The President clearly had a Plan B in mind during the negotiations or he would not have threatened to walk away from the table.

Our national technical means won't be sufficient for verifying this agreement. Without an invasive inspection regime, I would not tell you we will know enough to give you sufficient warning.

Mr. Chairman, this is a bad deal. It undermines the use of economic leverage.

If the President believes that the Treasury can enact effective economic sanctions in the future, then such an option surely exists today.

With this agreement, the head of Iran's elite Quds Force, responsible, by the way, for the death of hundreds of American troops, this individual gets removed from a key sanctions list.

I will just quote the Bureau of Counterterrorism, Mr. Speaker. They say that the rate of foreign terrorist fighter travel to Syria exceeded the rate of foreign terrorist fighters that travel to Afghanistan, Pakistan, Iraq, Yemen, or…

International travel by terrorist recruits poses a deadly and growing threat. It is estimated that ISIS alone has drawn 20,000 foreign fighters into Syria and Iraq. Extremist groups in Libya, Yemen, and elsewhere also draw foreigners into…

To get a clear sense of the consequences of Iran's support for terrorism, I just wanted to give the task force one horrific example.

I would like to see a change in effort and money.

Do you believe that the best outcome would be that the Puerto Rico Electric Power Authority and its creditors would come to an agreement without any government intervention with respect to this issue?

Chair Yellen, in your first appearance as Fed Chair before this committee, you commented on the need to move forward with housing finance reform.

This is precisely what we enacted legislative bipartisan sanctions to stop.

There is much more risk for America and reward for Iran than should be in this agreement.

This is not what the agreement announced today does.

Your predecessor in your position made a public commitment at a February 2014 Moving to Work summit in support of extending for 10 years all MTW contracts for public housing authorities with rental assistance utilization rates of 90…

But when could we expect to see an amendment to the current MTW agreement? That is the question for me. Because it doesn't make sense for HUD to let well-run agencies twist in the wind, and so my hope was that it could be resolved very…

I think the answer to the question, is our financial system more stable, as Dr. Calabria succinctly put it, I think the answer to that is 'no.'

I appreciate Mr. Smith of New Jersey for bringing this bill up and keeping this atrocity and the lessons that it means for us today in front of this body, and as always, I appreciate Mr. Engel's cooperation in seeing this resolution move…

I think we lost a lot of leverage out of that.

If I were to go down a checklist with the panel here, too-big-to-fail continues. In fact, Dodd-Frank institutionalized it.

Our secondary mortgage market remains in limbo with Fannie Mae and Freddie Mac CEOs set to make $4 million salaries on the backs of the American taxpayers.

You were given the choice between war and dishonor. You chose dishonor, and you will have war.

When a regional bank is spending $200 million on compliance projects, and hiring 500 additional non-loan-officer staff, it really makes you question who is benefiting.

I am increasingly concerned about what Mr. Harris described as the diminishing returns of increased regulation.

This committee will come to order.