Last November, when Judge Rakoff rejected a negotiated settlement between the Securities and Exchange Commission and Citigroup, it captured the attention of the public and really focused us, in Congress, on just how frequently our…

I believe that it is important for the SEC to litigate some of these cases under the umbrella of this task force, given the commitment to justice and the promises that were made about this task force when the President made his State of…

I led about 40 Members of Congress in writing to you and the other co-chairs of the Residential Mortgage-Backed Securities Working Group about my concerns that this important task force was stalled.

a lot of people are watching to see what is happening with this widely announced task force that is supposed to do all of these investigations and bring about some justice for many of these homeowners

Thank you very much, Mr. Chairman, for holding this important hearing today.

Today, I stand with my Democratic colleagues and victims of domestic violence across our Nation in strong opposition to the H.R. 4970, the House Republican alternative to Violence Against Women Reauthorization bill. This bill severely…

I'd like to thank Representative Scott for his leadership on this issue. I'd like to thank Chairman Bachus for his support for all of the work that has gone into flood insurance reform. I rise today in support of H.R. 5740, the National…

What is happening with the executive director? Do we have one coming soon?

It seems to me that there is gross unfairness in the way that this gentleman and others have been treated by the financial services industry.

I almost don't need to give this opening statement. Mr. Westmoreland just spoke for me. Those are absolutely my concerns.

This section created an additional review process for financial services related business method patents.

There is one part of the bill that I continue to have concerns about.

Many of the major banks have been using patented business methods without permission of the patent owners or payment to them.

I think that what the FDIC is hearing today is our dissatisfaction with the way that they are disposing of these assets in one or two or three different ways.

I am a supporter of the continent, the entire continent of Africa.

We have a moral responsibility to deal with these issues, and we have a moral responsibility to provide that leadership.

My amendment to H.R. 5326 would fully fund the Department of Justice's financial and mortgage fraud enforcement activities as well as the new Residential Mortgage-Backed Securities Working Group. In announcing this initiative during the…

I have an amendment at the desk. The Acting CHAIR. The Clerk will report the amendment. The Clerk read as follows: Page 23, line 9, after the dollar amount, insert ``(increased by $13,500,000)''. Page 25, line 9, after the dollar amount…

I hope that we can productively explore these topics, but I also hope that we can recognize attempts to weaken or undermine the SEC, by either underfunding it, or imposing upon it much more onerous cost-benefit rules.

I voted for the JOBS Act. It was a leap of faith for me.

I would like to believe, and I must believe, that we are all interested in an SEC that can perform the task and the mission that it is charged with.

I believe that OFR will serve as a vital role in supplying our regulators with critical data and analysis that will help them monitor systemic risk and ensure that our financial markets are sound.

Have these certifications been effective in improving the quality of financial reporting?

I have to say that I am a little bit concerned about the tremendous opposition to the rotation concept.

Good morning, and thank you, Mr. Chairman, for holding this hearing.