John Carney

So what happens if all of a sudden the red block in the new system goes away?

We would absolutely have less say.

So the consequences of not approving this could be that we would lose influence or--

So, in some ways, this is like a hedge against contagion or against negative impacts on our own economy, which would affect the men and women in my district who make $40,000.

I think the history at the IMF has been that there has been strong bipartisan support from Presidents from both parties, and Members on both sides of the aisle in recognition that we created this institution in part because we thought it…

I want to express my appreciation in particular to my friend, Congressman Pat Meehan, who represents the Pennsylvania district on the other side of the border, for his interest and support of the national monument dedication.

I like to associate myself with some of the frustration that Congressman Himes articulated.

I want to thank the panelists for coming today and for your testimony.

So it is not without deep examination and a keen eye on maintaining the effectiveness of Dodd-Frank that I am in a position to support the majority of these bills before us.

I believe credit unions now have over 5,000 pages of rules from the Consumer Financial Protection Bureau, the CFPB, that you must understand, interpret, and comply with.

It seems like if we did that here, on this issue, how to reform the FHA, we could put this panel together.

I just thank you for the opportunity to welcome one of my friends from Delaware, Kevin Kelly, who is here on the panel today.

It is time to fully fund our regulators so they can complete the process of implementing Dodd-Frank.

I want to work with the chairwoman on that issue.

I would think that we learn to start to make sure capital requirements don't stifle small banks.

I want to state now that I am concerned about the impact that Basel III can have on community banks.

People 30, 40 years old cannot afford to buy a home.

I thank God there was a system in place that allowed me the opportunity to buy a home.

If there were no GSEs and there was no FHA across the country, my mortgage rates would be through the roof.

No matter what we do, these health care challenges are going to require buy-in from all sides.

The right approach is to make systemic changes to our health care system that incentivizes doctors to provide quality over quantity.

Some of the cuts we have made, particularly through sequestration, will hurt a broad array of important programs that help grow our economy in the long term.

Both sides have acknowledged that tax reform is important and necessary, and we should use it as a mechanism to avoid the sequester in a balanced way by generating revenue and implementing more responsible spending cuts.

A strong diplomatic presence is essential to preserving the United States' positive influence and leadership.

We live in an increasingly complex and dangerous world that demands U.S. leadership.