I think that the system should be regularly evaluated to ensure that it continues to deliver relevant transportation choices to the communities it serves at an affordable cost to the taxpayer.
Lynn A. Westmoreland
The Public Record
★ Featured Quote
October 30, 2017
I believe Amtrak's national network has a vital role to play, particularly in providing service to areas without transportation alternatives.
— Lynn A. Westmoreland
I believe there is a place for Federal capital investment in projects of this magnitude, provided it is made in a fiscally prudent and responsible manner.
We need to be giving an IQ test to some of these people at the CFPB who are making up these rules, who have never sold a piece of real estate.
In fact, a lot of us who were not on the committee when Dodd-Frank was passed feel kind of like that guy in the circus walking behind the elephant with a broom and a shovel.
If you have no regulatory authority over 99 percent of United States insurers, what do you tell your international partners about your ability to enforce the rules you agree with in our country?
We want to make sure that those policyholders, the people who pay the premiums, are the first to be protected.
What Dodd-Frank did... is cast a net so broad that you caught all the little fishes that you were not intending to catch.
What happened at AIG was nothing but greed, and a lot of people were making a lot of money.
The problem with the Export-Import Bank is the entire mission and structure.
I have read your bios and I have noticed that you are all attorneys, it seems like you are all bureaucrats, and none of you are bankers.
the government seems to be the one who wants to dictate and micromanage to communities throughout the country.
Is it fair for everyone to subsidize the insurance of a few? This is the question asked about the Obamacare subsidies, and today it is the same question posed by the flood insurance.
Can Dodd-Frank's Orderly Liquidation Authority provide the opportunity for more AIG-like bailouts?
Let us empower local communities and give all Americans the tools that they need to be self-sufficient.
Without an overhaul, this Congress could be condemning Americans to a cycle of poverty from which they cannot escape.
It is my fundamental belief that we have local solutions to local problems, and that is one of the reasons I am such a big supporter of expanding the Moving to Work Program.
Policies like QM are the most dangerous to economic freedom in this country.
I urge this committee to swiftly vote to repeal QM and to return all Americans to their economic freedom.
I think Basel III would be the last nail in the coffin for a lot of our community banks.
The FHA is insolvent. If FHA were a private mortgage insurance company or one of my community banks, it would have failed a long time ago.
The list of FHA advantages over the private market is long, and I have fought to bring private mortgage financing and PMI back into the market.
Instead of focusing on fundamentals like shrinking their portfolio, reducing risk, and charging a premium that is in line with risk, FHA has advanced a policy that can only be described as out of bounds from its original intent.





