I certainly don't think that taxing remittances would be a good thing to do. It would be a terrible thing to do.

It is very important for all of us that you are holding this hearing today.

This is a very important issue. And of course, we had to go through quite a bit in order to make sure that the work that had been done at DOL could be realized following an Executive Order that was put forth by this resident that delayed…

As a result, there are many loopholes or gaps in the law that allowed--that were that allowed individuals to avoid fiduciary status and provide conflicted investment advice that cost our Nation's workers and retirees $17 billion each year.

In passing the wrong choice act, House Republicans, once again, are trying to weaken the independence of the Fed.

None of it is good. He reversed a planned cut to Federal Housing Administration mortgage insurance premiums.

Since day one, the story of the Trump Administration has been one of chaos and turmoil.

We have to stop this Wrong Choice bill.

Thank you to the witnesses for joining us today, especially Senator Elizabeth Warren, who created the idea of the Consumer Financial Protection Bureau (CFPB) and gave the force behind it to make it a reality.

Earlier this week the Majority held a hearing during which their witnesses shared so many alternative facts, that I was sure they must be living in an alternative reality.

I would like to say to Reverend Willie Gable, Pastor at the National Baptist Convention USA, I want to thank you for what you are doing.

One of the key issues this subcommittee will be looking at is the adequacy of current information-sharing authorities and the degree to which they strike the right balance between security and civil liberty concerns.

The wrong choice act thoroughly dismantles Wall Street reform, guts the Consumer Financial Protection Bureau.

The day will come when rich persons, rich men won't be able to buy their way out of this criminal activity and they will go to jail and they should go to jail.

Absolutely. And I'm very proud of what I understand took place. The sons of Murdoch are the ones that I'm told insisted that he had to go. And, they're trying to take this station into a new era. And so, I'm very pleased that they did that.

I consider that it was a sexual harassment enterprise there at Fox. And the men there and Roger Ailes, this was a way of life for them. Powerful men with a lot of money, who would proposition women, take advantage of them.

I'm pleased with the advertisers who decided that they were going to pull their ads from his show. I'm so pleased with the women who came forward who were victims and decided that they were going to expose what had happened to them.

Well, I can't-- you can't pay any attention to what the president says. They are cut from the same cloth. They are two of a kind.

The Consumer Financial Protection Bureau has successfully recovered nearly $12 billion for 29 million consumers who have been victim to predatory financial practices.

The Consumer Financial Protection Bureau and Director Cordray are doing exactly the job they are supposed to do, and they are doing it well.

I led 40 other current and former Members of Congress to file an amicus curiae brief with the D.C. Circuit Court of Appeals in support of the Consumer Financial Protection Bureau's independent structure and its clear constitutionality.

Now, doesn't the fact that the FSOC has only designated four non-banks as SIFIs since 2010 confirm that the FSOC is not arbitrarily imposing SIFI designations on all non-bank financial firms, but instead acting responsibly to protect…

So this discussion about being arbitrary with unlimited authority just does not ring true, based on the fact that there are these 10 specific factors that you just helped to explain.

we must do everything that we can to support these projects.

I would like to welcome our witnesses here today to discuss one of the very important issues within our jurisdiction, which is oversight of U.S. participation in the multilateral development banks, including the World Bank.