What will be the effect of providing no additional funding resources to the SEC and the CFTC to implement this proposal?
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.
It is very important that we make sure that we provide you with sufficient funding to do this very much needed job.
Well, I will tell you, it is very important that we make sure that we provide you with sufficient funding to do this very much needed job.
And let me ask you, can you share with us, are there any benefits to this provisional framework that provide the Commission with authorities or information to which you cannot currently assess?
I would say that the market, although it is enormous, there are--the legislation consolidates a lot of this regulation into entities.
The CFTC needs and deserves more funding, particularly at this critical time.
my concern is that by removing one of the reports from a lender's review, FHFA is potentially leaving predictive and positive credit history out of the credit risk assessment.
My concern is that by removing one of the reports from a lender's review, FHFA is potentially leaving predictive and positive credit history out of the credit risk assessment.
I think you are going to go down in history as absolutely being the most irresponsible leader of a bank in the history of this country.
But I think what we are concerned about is the fact that these commercial risk markets represent only a small part of the total assets held by the larger banked community.
It is my understanding, then, that your office has expanded what we refer to as examination procedures for banks with significant exposure to commercial real estate.
How does pushing these same consumers into opaque, risky, volatile markets advance these goals?
I think of any number of companies that have experienced Gary Gensler's, 'Hotel California,' approach to crypto regulation where there is no path to leave.
I have long been concerned about the risks and the pitfalls of cryptocurrencies and what they pose for our retail investors.
The supposed benefits of digital assets that we have all heard about, have yet to be seen in real life.
These sketchy types of offerings provide little to nothing in the way of disclosures to investors, who, quite honestly, are being used.
These massive corporations and investors have been outbidding my constituents everywhere we look, and far too often the homes these non-occupant investors purchase will never resurface on the housing market.
This is the priority that this Subcommittee and the Full Committee should be focused on.
I also want to ask the Majority whether you will work with me on the bill that I have introduced, H.R. 702, the Housing Oversight and Mitigating Exploitation Act (HOME Act), to protect the limited supply of housing that we have and to…
Now is the time to invest in the farm bill, not limit agricultural spending.
With passage of our Inflation Reduction Act (Pub. L. 117-169) last term, we made historic investments in rural America to help our farmers and rural communities mitigate climate change and continue to lead the way on renewable energy.
This hearing today allows us to learn more about what Administrator Regan is doing at the Environmental Protection Agency to work with our farmers, our ranchers, our foresters in order to ensure that Americans are enjoying a bountiful food…
With the 2025 deadline looming, EPA has continued to move forward with an impractical timeline for states to meet the targets.





