Nothing could be more important right now than making sure we have a healthy financial system, and not just to have the financial system, but the most healthy financial system in the world.
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.
There is a breakdown of management there that has to be fixed for us to do proper oversight.
It makes it very difficult to do a good job when you don't have the testimony prior to the meetings.
Madam Chair, I hope we will start taking note of when we actually receive testimony.
We have to make sure in this immensely complicated and competitive financial system that the poor, that those at the lower income, are not taken advantage of.
This is a free enterprise system; it is a free financial system. And when you live in a free system you are free to do good and you are free to do bad.
Yours is a difficult job. It is probably the most challenging job in Washington, quite honestly.
Ken Spearman became the absolute first African American Chairman of the Farm Credit Administration.
We will never be able to fully de-risk financial markets because we all know that fully de-risking markets is not what is best for the average American.
I call to your remembrance the situation with the London Whale, I believe it was, where proprietary funds, banks' customers' funds were used for risky bets.
May we add an amendment to that so it will go out that the House Agriculture Committee has always been and will always be powerful and influential.
What I am talking about is this rapid expansion of technology. Technology is being driven so fast that it is eliminating jobs.
We need a new pricing formula for dairy farmers that's going to allow dairy farmers to cover their cost of production.
This is a crisis. This is a serious crisis. And you mentioned those three things. You mentioned climate, water, and labor.
What a powerful, powerful message that would send. Republicans and Democrats working together to lift up our 1890s African American institutions.
That is like giving you something with one hand and slapping you in the face with the other, and that has to stop.
H.R. 51 is a very, very strong bipartisan effort to provide our 1890 universities with student scholarships in the amount of $1 million for each of the 5 years, $95 million for all of the 1890s over the 5 year period of the farm bill.
We recommend reauthorizing the Socially Disadvantaged Initiative (Section 2501) Program at a level not less than $20 million per year.
I want to single out Farm Credit and AgSouth for the great job that they are doing.





