Tom Graves: “In fact, we should be supporting plans that direct us towards a balanced budget, unlike the President who has no plan to…”

I think it is appropriate for us no matter who is in the White House or who is in certain offices or majorities in the House and the Senate to recognize sometimes there is a change of direction when there is a change of leadership.

On what legal basis are you withholding the records the committee has requested pertaining to the processes the FSOC uses to designate and de-designate nonbank financial institutions as systematically important financial institutions?

We do not want the American people to have to pay more of their hard-earned money to be able to support the government that we have.

It is really up to us to embrace it or not embrace it, and as history has shown, we typically do not embrace reductions in spending.