My main concern with the Fed's final rule is that it does not take into account the combined creditworthiness of married couples.
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.
If we can go from four to one and reduce those administrative costs and give you more flexibility, I think that is a great thing and helps the taxpayers.
I want to hear how these Federal policies are affecting producers in the Northeast.
So the bottom line is a ten percent cut, if we did that, would have a very devastating impact?
It might be useful to do some documentation, engage in some study of this impact of the labor issue with the specialty crops in this region.
I'm confident that by working together, we can craft a farm bill that continues to support the success story that is American agriculture.
If we do not address the labor issue for specialty crops, how devastating would this be?
The exact nature of the reform we include in the next farm bill will rely heavily on the input we receive today.
I'd like to see less regulation on small businesses in general in this country, especially farms.
Seems to me that the two most pronounced areas of great challenge to the specialty crop industry here is the need for crop insurance...
What are the one or two major threats that you see right now to the existence of our family farms?
Because of the leadership of Congressman Donald Payne, literally millions of lives have been touched, improved, indeed, saved.
Donald Payne went way out where the big ships go. Nowhere was his impact more meaningful than in the continent of Africa.
Dodd-Frank is a tremendous, tremendous law, very complex and it puts a tremendous responsibility on your agency as the regulator.
There are forces at work that don't like Dodd-Frank. There are forces at work to find creative ways of trying to do away with Dodd-Frank.
H.R. 1355 goes right at the core of the agency to remove it from the Fed, put it under Treasury, to make it subject to lobbyist pressure.
I must say at the outset it is really at the height of disbelief that you as a former Senator, former Governor, you are the former head of probably the premier, most prestigious investment banking operation in the whole world, and to sit…
The key to finding out where my constituents' money went--I represent Georgia, a lot of farmers. They are sitting here watching trying to figure am I going to get my money back? The key to this is you.
I take full responsibility for the recommendations that went before that board, not tried to say otherwise.
All right. But now, under this rule, it is illegal; it is wrong; you cannot take a customer's money now and apply it to foreign debt under the rule you just passed Monday.
But here is a company that went down in 10 months. They moved from $1.5 billion in sovereign debt to $6.3 billion in sovereign debt, which is the cause of their problems.
We have to find that money. We have to get that $1.2 billion and get it back out to our customers and to my clients and my farmers in Georgia.
This is a glaring, glaring example of why the American people are rapidly losing faith in our ability here in Washington to get our hands around this.
I find it very unacceptable that Commission Chairman Gensler is not here, that he has recused himself...





