In the last 10 years, the U.S. Global Systemically Important Banks, that is the G-SIBs, have collectively paid at least $163.7 billion in fines for consumer abuses and other violations of the law.

Over the same period, they made $780 billion in profits.

For some time, I have voiced concerns that the fines levied by our regulators against megabanks that break the law ultimately just amount to the cost of doing business for these institutions and do not effectively lead them to change their…

I have been around for quite some time and I can recall the days when we had many public hearings on proposed mergers.

I believe that we should seek to confirm and quantify the expected impact on these groups before implementing an accounting rule that has material real-world consequences.

In the last decade, Wells Fargo alone paid more than $11 billion in fines, but has raked in over $197 billion in profits.

I want our witnesses to know that Congress is paying careful attention to your actions, and we will not tolerate actions that threaten the stability of our financial system.

I am so proud of you and your courage. I am so proud that a woman who could enjoy all of the privilege that she would want to enjoy would have the compassion and the commitment to go public and to come before this committee and tell the…

this is perhaps one of, if not the most, diverse panel that we have had before us on any issue.

We are in the midst of a housing affordability crisis.

$10 billion for a CDBG set-aside that would incentivize grantees to eliminate impact fees and responsibly streamline the process for development of affordable housing.

Congress must recognize that our nation's infrastructure extends beyond making investments in our roads, bridges, ports, and airports.

But there are many stories in the African-American community about how they were treated when they went to buy a car...

Well, thank you. And of course what we have had to do is we have had to file discrimination complaints and we can't keep doing that for the rest of our lives.

Since 1991, academic studies have demonstrated that when auto dealers have the discretion to mark up the interest rate on auto loans, non-white borrowers are disproportionately harmed.

Buying a car is a significant purchase for many Americans and should be a fair and transparent transaction, free of discrimination.

We must make big, bold investments in affordable housing.

Congress must recognize that our Nation's infrastructure extends beyond making investments in our roads, bridges, ports, and airports.

Ending debt traps in the payday and small-dollar credit industry is important.

We want access to credit, but it must be quality credit. Anything less adds to the stress of the desperate and the needy.

The scope of unbanked and underbanked Americans is grave and should concern us all.

The growth of banking deserts should worry us all.

We say we need to get rid of the predatory payday lenders, those that are doing things that are ripping people off, where you get caught into the never ending debt.

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Add at the end the following: SEC. 4. GAO REPORT ON IMPORTANCE OF OPEN INTERNET RULES TO VULNERABLE…

CRA is one of the most important and impactful civil rights laws applicable to federally insured banks.