Mike Crapo

Can we simply spend ourselves into prosperity on a continuous basis with borrowed money?

The fact is, the debt is a drag on the economy.

I wish you the best of luck in the future.

The costs and burdens on smaller financial institutions to defend against attacks can be enormous.

The largest banks are under constant attack, every day.

Today, we have gathered to discuss cybersecurity in the financial sector.

Like many of my colleagues on this panel, I am concerned by the majority's decision to break committee precedent by approving Mr. Baran to serve the remainder of Chairman Macfarlane's term without a proper hearing.

The National Indian Gaming Commission serves a vital role in regulating gaming activities related to tribal lands.

I cannot stress enough the importance of this regulatory review.

We lost more than 3,000 small banks and more than one-half of the credit unions since 1990.

This hearing is important because small depository institutions represent the lifeblood of many communities across America, and especially rural Idaho.

A streamlining of regulatory requirements is necessary to ensure small depository institutions remain competitive.

With some 220 rulemakings finalized, we still have no idea what the cumulative cost of Dodd-Frank is or will be.

Dodd-Frank requires about 400 new rules to be written and approved by the Federal financial regulators.

We cannot pretend that these additional costs are not passed on to consumers.

Pursuant to section 904 of the Congressional Budget Act of 1974 and the waiver provisions of applicable budget resolutions, I move to waive all applicable sections of that act and applicable budget resolutions for purposes of the pending…

We must not forget how costly the last financial crisis has been, so regulators and Congress must continue to do all we can to keep our financial system stable and promote strong economic growth.

The process of normalizing monetary policy will be difficult, particularly in light of the fact that our economy has failed to strengthen in the way that was promised by the supporters of this unconventional monetary stimulus.

I have consistently made my opposition to the policy of QE very clear.

Community banks play an important role in their local economies and face a disproportionate burden from regulation.

S. 1875, the Wildfire Disaster Funding Act would fix a fundamental flaw in how our country funds wildfire suppression.

I appreciate you providing me with the opportunity to speak about a measure that I co-sponsored with Senators Ron Wyden and Jim Risch.

Technology and innovation has benefited investors by leading to tighter spreads, lower costs, and more efficient markets.

There is a need to review the current equity market structure.

This hearing will examine the role of regulation in shaping today's markets.