Mike Crapo

Financial regulation should strike the proper balance between the need for a safe and sound financial system and the need to promote a vibrant, growing economy.

I am encouraged by President Trump's Executive Order on Core Principles for regulating the financial system.

If there is no further business to come before the Senate, I ask unanimous consent that it stand adjourned under the previous order. There being no objection, the Senate, at 8:06 p.m., adjourned until Friday, February 3, 2017, at 6:30 a.m.

I thank my colleague. I will work to ensure that the SEC implements all of its congressional mandates.

Yes, that is correct. What this resolution does is to cause the current SEC rule to not take effect. As it was characterized yesterday on the House floor and will be characterized further today on the Senate floor, what the SEC will need…

Thank you for setting the target, setting the goal high... and saying to America that we can get there.

I am starting to think that the regulatory burden is beginning to approach the national debt in terms of its seriousness for its impact on our economy.

My biggest concern is that this regulation is killing community banks.

We truly need the kind of vision that President Trump has enunciated for the country.

I particularly look forward to working with my colleague Sherrod Brown as our Ranking Member.

My hope is we will do it in a strong bipartisan manner.

You have been criticized for not supporting that act, but I want to give you a chance again to correct the record.

I think it is important to get your record correctly understood, and I think that there unfortunately is too much inaccurate reporting about your record.

Many times an administration will not agree with a particular statute, even though the language and intent of Congress are crystal clear.

In my opinion, that is totally unfounded in law.

I would hope the Department of Justice would not be a partner with any of our Federal agencies in this kind of conduct.

The only appropriate thing about it, in my opinion, is its name.

The abuse of the power or discriminatory enforcement of the law; two, regulatory overreach that we are seeing across this country.

I know you to be a man of your word. I know that you are committed to the Constitution of the United States of America.

Consumers expect that their private information is going to be protected at their bank and not used to open an unauthorized account.

Modernizing our market structure is a complicated but necessary task

In the Subcommittee hearing that Senator Warner and I held last year, the witnesses agreed that FSOC needed to provide actionable guidance to designated systemically important financial institutions on how they could derisk and ultimately…

There is concern about the pace of reform efforts and what will be accomplished

I also want to thank you for your past efforts to improve the transparency of the Financial Stability Oversight Council process by seeking public comment on the report by the Office of Financial Research on the asset management industry.

There is a growing chorus that pending and existing Federal rules and statutory limitations are restricting access to capital and restraining economic growth.