Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise in opposition to this legislation. Mr. Speaker, I had hoped to stand before you today urging my colleagues to support this legislation. Sadly, I must oppose because the expansive authority included here goes way beyond the new agency power I and my colleagues were willing to put into statute to ensure the FTC has the ability to get financial restitution to constituents who were victimized by scams as quickly as possible. So, we do agree on the concept but not the details. Instead, this bill before us will provide the FTC with new authorities that far outpace the need supported by a consensus of the FTC Commissioners. Even more concerning, Mr. Speaker, as we heard from the former head of the FTC's Consumer Protection Bureau, who testified before our subcommittee, it signals a return to the broad overreach we saw with the FTC in previous decades, a situation so bad that a Democratic Congress crippled the FTC's funding and stripped it of its authority at that particular time. But, alas, here we go again. History is repeating itself if this piece of legislation is passed. Separately, H.R. 2668 has been riddled with process fouls and has ignored well-founded concerns from Republicans, including the lack of needed transparency reform and the lack of a national privacy standard, which will protect consumers. We are overdue for this, and we must have a national privacy standard as soon as possible, Mr.…”