Political Quotes

“That is so very true. Let me just go through some of the regulations that are being repealed here in the House over the last couple of weeks. First of all, let's remember that the Congressional Review Act being used to repeal these regulations has two parts to it. One, it has the ability of Congress to repeal regulations, which I think is a good idea. The second part of it, I think, has some real shortcomings. And that is, once that regulation has been repealed, both Houses vote before the President signs it, then the issue cannot be revisited by that administrative agency. I gave the example of the BLM, but it applies across the board. Regulations that deal with smoking on airplanes is a regulation. If we repeal that regulation, suddenly there is smoking on airplanes. You can never go back and do a regulation again in that area. I thank Mr. Khanna for joining us and for bringing his expertise to us. I am going to run down a quick list here. Oil and gas companies operate around the world. Our new Secretary of State was the CEO of ExxonMobil, the world's biggest oil company. Did ExxonMobil pay a fee or a gratuity or corruption to a foreign country? We will never know now because the Congress has passed a regulation that required oil and gas companies to disclose any fees, any money that they have paid to a foreign government for the opportunity to extract oil or gas from their country.…”