David Scott

Well, thank you very much, Mr. Chairman.

We thank you for our health and our strength. And dear Heavenly Father, we ask your special blessing to anoint this Committee room this morning...

It's important for us to know how many in Georgia had fraudulent accounts set up in their name without their consent.

The example that you set is just absolutely terrible.

I'm one of your customers. I have an account in Wells Fargo in the bank in Atlanta, Georgia.

You took advantage of unsuspecting loyal customers. You should be downright ashamed of yourself.

How in the world could you in good conscience set up these fraudulent accounts? What was going through your mind when you were doing this?

I want to commend my colleague, Mr. Keith Ellison from Minnesota, for the excellent work he is doing on 4172, which I support.

I appreciate that this bill has bipartisan support, and I look forward to this bill passing here today.

As a co-lead sponsor on Dodd-Frank a few years back, I was happy that the law elevated the attention needed to the municipal securities market by creating the Office of Municipal Securities at the SEC.

Congress appropriates the money. Don't you think we have a role in that?

The President recently issued his memorandum of understanding, and it is woefully weak.

We have an obligation to Israel to make sure that they have a memorandum of understanding.

As written today, Section 13-F requires reporting requirements in the Securities Exchange Act.

I just want to congratulate you on, again, pulling together a very timely, and it is a very, very important issue.

We want that to have an opportunity to get into Cuba. We are less than 600 miles from Cuba.

I like to look at this as an economic issue because, fundamentally, that is what this is, economic interests and what is in the best economic interests of our American agriculture system.

It caused me great alarm.

I certainly applaud the CFTC's overarching efforts to bring the futures markets' regulatory regime into the 21st century.

This is, in my opinion, a very dangerous bill and it could very well place our economy in a very dangerous situation.

The issue becomes can we get any indication from you all as to which way we should go here in Congress to get a more even playing field to try to figure out why there is this inability, particularly with the African American community to…

We have to tackle this issue of getting a new generation of beginning farmers out there.

We have a national security crisis right in this country, and that is the average age of our farmers now at 60 years of age.

We have to look at our economy and point out areas where we can get African-American young men into the wheel to learn these skills.

What is so frustrating to me is that you are in the position to say something, to do something. This is intolerable.