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

I cannot stress enough the importance of this regulatory review.

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

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

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

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

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

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…

I wish to take this opportunity to make comments on a couple of the amendments that have been or will be presented to the bill. First, with regard to the amendment presented by Senator Flake. As I mentioned in my opening remarks, I support…

Getting terrorism risk insurance right is important in order to protect taxpayers and to limit economic and physical impacts of any future terrorist attacks on the United States. This bill will help us maintain a properly balanced…

I am appreciative of Senator Schumer and the work we have been able to do together to move this legislation forward. I rise today to speak in favor of S. 2244, the Terrorism Risk Insurance Act, or TRIA, program. As a cosponsor of this…

I will just take a moment to speak about Senator Vitter's amendment, which I strongly support. During Dr. Yellen's nomination hearing, I noted the need to fill additional vacancies at the Federal Reserve Board with individuals bringing…

as we near the votes on this bill, I wish to take one more opportunity to speak in favor of the TRIA reauthorization legislation. Again, I thank Senators Schumer, Heller, and Kirk and their staffs and Senator Reed for all their hard work…

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

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

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.

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

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.

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

It is important and prudent for regulators to periodically review the regulations.

The U.S. capital markets are vital to the continued growth of our economy.

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

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

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

The U.S. capital markets must remain the preferred destination for investors throughout the world.