Bill Posey

We take 'yes' for an answer around here. Thank you.

I know that you do not want to speculate while your investigation is still under way, but based on Mr. Duffy's testimony and other reports, it seems highly probable that customer funds were transferred out of segregated accounts and…

The only way this bad behavior... is going to be changed by putting people in prison eventually.

Do you agree with the assertion of the Wall Street Journal that JPMorgan Chase and Soros benefited from the fall of MF Global?

Do you think they should be concerned about the possibility of buying stolen goods?

It strikes me that what we have here is a situation where the segregated funds belonging to MF Global... were misappropriated.

I am trying to think of customers first... I can't help but be reminded of Madoff.

But Laurie Ferber agreed it was legal, too?

Would that be Laurie Ferber?

So you asked if it was legal to do this, and she never answered you?

Do you think it would be reasonable for customers to expect some clawback?

Well, first I will comment on the value of buying homes on credit. I think it's a pretty good idea; but when you go to get qualified for a home, the rule of thumb is that you should buy a home roughly not more than 2.5 times your annual…

Nearly every State in the union is required to balance its budget each year, including my home State of Florida. Our counties, cities, school boards and special districts are all required to make financially responsible decisions with the…

I can assure you, despite your inference to the contrary, there is not a single Member on either side of this aisle in this committee, ever, who wants to harm American families.

I am shocked that you would denigrate them like that.

Make no mistake about it. The proposed regulation will drive hundreds of billions of dollars out of America and cause irreparable harm to an already fragile U.S. economy.

I have asked the Treasury Department for a cost-benefit analysis of the proposed regulation since they proposed it earlier this year and they have never provided it to me.

This policy will not further any U.S. interests. And, in fact, the IRS has admitted that this information is not needed to enforce U.S. tax law.

I must take exception to your comment that those who oppose the proposed rules have a vested interest in facilitating tax cheating.

I think they are naive.

Common sense says you should know the facts before you leave.

My colleague here in the community, Mr. Meeks, and I have introduced bipartisan legislation, bicameral legislation, H.R. 2568 which would prevent the Secretary of the Treasury from forcing financial institutions to report interest on…

What do you think would happen to an honest, hardworking family in Venezuela, for example, who fears the oppression and instability there and they have money in our banks?

Our legislature, on a bipartisan basis, passed a resolution in opposition to this NRA proposal.

Many nonresident alien depositors are from countries with unstable governments or political environments, where personal security is a major concern.