there should be a requirement that the IMF, prior to us dealing with that $63 billion, suspend Iran

I want to second the comments of my colleague from Connecticut, Mr. Himes, and thank you for having these hearings.

The draft is overreaching. And I do think that we can come together around specificity, and talk about the regulations that we want to modify, change, or delete.

Today I rise to recognize the 1973 basketball team from Howard High School in Wilmington, Delaware. This year marks 40 years since Howard's sensational '73 team won Delaware's boys State championship with an undefeated season of 24-0…

I think that the purpose here is to gum up the works so that in the case of the CFPB, the Consumer Financial Protection Bureau, they cannot protect the consumer.

I think that this legislation--this discussion draft would basically stop any effort by the CFPB, or any other agency, any other department, from really doing its job.

The bills proposed today go in the right direction.

I just can't say enough of how--look, I have seen some bad legislation, but this is right up there, I have to say.

I think it makes sense that we allow this process to proceed.

I am disappointed, and here are the only areas where I would like to work in a more coordinated manner.

The question that must be answered is if a private credit union fails, where does the responsibility lie?

I have been working with Chairman Jeb Hensarling to come up with a comprehensive piece of legislation that would deal with regulations that we feel are harmful or overburdensome to our small and our community banks, regional banks.

Democrats on this subcommittee have shown a good faith effort to reach out to our Republican colleagues.

I would like to see the CFPB be given more time to review its definition of rural and underserved areas.

I am deeply disturbed by your satisfaction with SIPC's performance in these massive fraud cases.

I appreciate in particular the victims who have come here today.

For me, I think our role is at some level to establish what the facts are and to try to come up with the best public policy.

I have joined with Congressman Grimm, Congressman Cedric Richmond of New Orleans, and 131 other Members of Congress in introducing bipartisan legislation that would delay many premium increases for 4 years.

We have to make sure that FEMA implements this program in the way that it was intended, and in a responsible and affordable way.

This is a bipartisan, bicameral effort that will ensure FEMA engages in an accurate and responsible remapping process.

Notwithstanding some of the rhetoric in this committee, we can't bail out banks in the way that was done in 2008.

But I think at the end of the day the question is what is the role of Congress, what is the role of elected officials?

I am not sure I will need the whole 5 minutes.

About a year ago, I talked to a young marine from Magnolia, Delaware, in my district. He had been wounded in Afghanistan and was home recovering. I had called him really just to wish him well and to see how he was doing. This marine was…

I have no further requests for time. I just would like to thank the sponsors, Mr. Heck, Mr. Renacci, and other veterans, Mr. Cotton, the Members from the Democratic side who cosponsored this, and all the Members of the House who supported…