It is my hope today that with our discussions and conversations that we will have today, that we can begin to explore and better understand what Brexit and the associated geopolitical developments in Europe and elsewhere will mean for the…
David Scott
The Public Record
David Albert Scott is an American politician serving as a member of the United States House of Representatives from Georgia's 13th congressional district since 2003. He is a member of the Democratic Party. Throughout his tenure, Scott has focused on issues such as economic development, healthcare, and education, advocating for policies that benefit his constituents in Georgia. He has also been involved in various committees, contributing to discussions on national and local issues.
We want to examine, and examine it very thoroughly, so we come to a very succinct understanding.
The very future of our international cross-border financing is very critical because of what is happening concerning Brexit.
And so, if you could, very quickly, how would you look at the efforts that are already under way among the Federal banking regulators within fintech?
Congratulations to you--as the chairman of our Fintech Task Force, and thanks for holding this hearing, and thank you all for coming here and doing such a wonderful job with your testimonies.
Absolutely. We must expand our territory if we are going to expand the number of African Americans and women as CEOs on our boards.
Now, there are, right now, only 3 black CEOs running Fortune 500 companies, and that is down from 8 just 3 years ago.
This is a very powerful and much-needed hearing. Second, we have some very informed witnesses. And third, Madam Chairwoman, you are providing great leadership in a very important area.
I was involved back in 1993 when prevent plant was put in, in June, for 1993 payments.
I was grateful that Congresswoman Craig mentioned the FEEDD Act that she and I have been working together on.
Ms. Gerdes, I really liked in your testimony how you laid out a number of tangible improvements to the crop insurance system generally.
I want to recognize Congresswoman Axne and all who rolled up their sleeves to address some of these questions and pass much-needed disaster assistance.
I mentioned earlier the haphazard way and the slowness that this Congress moves with Federal disaster aid. That is all the farmer has got.
We have a problem here. The farmers out there, when these things happen, we are going to get floods, we are going to get hurricanes, we are going to get all of this, and we are not taking the best interests of the farmer into consideration.
We are going to have to do something about making sure we have adequate coverage for timber.
It pains me to hear that your farmers in 2018 didn't get paid. We are already paying our guys in 2019. That is very sad. We need to step up.
The need to clarify whether the SEC has disgorgement authority; and second, the need to ensure that our regulators are equipped with the tools they need to effectively police our markets and root out bad actors.
Fed Chair Powell, to give us some understanding of this, he said that right now there is $90 million of this CLO business.
I think we are putting our hands right on the issue here, because I think the most important thing in this hearing is understanding that this is about risk.
Well, let me tell you, if you all move 1 inch to zero out the most effective program that cities and States and counties use to lift themselves up and be the cities and towns that they need, yes, we will go to battle.
No. I know my time is short, but have you moved away from zeroing out the budget, yes or no?
I hope you continue that. Folks in Georgia in my district are very excited about it.





