I reluctantly supported the act with the hope that it would help facilitate capital formation and create jobs.

Complaints about the slow pace of rulemaking under the act are simply unreasonable given these facts that I have highlighted.

I think that what we wouldn't see is what gets in the way of bipartisan efforts.

We need your help, and we need you to stand up for consumers and support this effort.

I just do not like the idea of investing in a patent, and then all of a sudden it is not yours after a short period of time.

The PARTS Act would prove devastating to a single fragile industry.

I want you to enjoy the benefits of it.

The language of the bill is retroactive, so if you got your patent 5, 6, 7 years ago and you paid all that money, you have nothing to show for it.

I appreciate the hearing today as an opportunity to hear from the various stakeholders regarding the Promoting Automotive Repair, Trade, and Sales Act.

Ms. Waters. You do not have to tell everybody.

I think we need more than we have been getting over the last years and I think this makes me feel good about my vote in support of Dodd-Frank.