Hank Johnson: “Thank you, Mr. Chairman. I rise in opposition to this bill, the Regulatory Accountability Act. Instead of creating jobs…”

“Thank you, Mr. Chairman. I rise in opposition to this bill, the Regulatory Accountability Act. Instead of creating jobs, the Tea Party Republicans are assaulting the very regulations that keep us safe and promote fairness to consumers. I'm disturbed by this assault on regulations that protect health, safety, and well-being, and the financial well-being of 99 percent of Americans. This majority, the Tea Party Republicans who, having been elected as a result of all of the secret money received from the Wall Street corporations during the 2008 elections, beyond any reasonable doubt are now clearly doing the bidding of these Wall Street corporate interests. They're doing the bidding of them by this kind of legislation that would remove the kinds of regulations that protect the health, safety, and well-being of 99 percent of the American people. It's not fair. It's not right. No jobs are being created. This bill is a travesty.”