Bill Foster

This made the discharge petition much more effective at its intended purpose, which is sort of to operate as a safety valve against, you know, the Speaker's rather dictatorial power.

I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.

I have been amused for a long time at how can it be that there is legislation supported by 70 or 80 percent of the public, a clear majority of Members of Congress, and yet we are not allowed to even vote on it.

If you made it anonymous, you would allow Members to sort of probe support for centrist legislation.

I think it is my personal goal to die before we have another financial crisis, and then I will be doing my job well.

If you conclude, as you are actively studying it, that you need more visibility into certain areas of, particularly nonbank things that may be parts of the chain of contagion, please let us know, because it is our job to avoid the next…

I guess when things are going well, as they currently are, it is all of our duties to look around the curve and see the risks that keep you up at night.

Do you remember with AIG, the real problem with AIG falling into bankruptcy is that it would immediately put a bazillion of the European banks into violation of their capital requirements, which was major contagion that----

Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.

The good news is that macroeconomic policy is working as designed.

While the Presidency is often the focus of political pronouncements about macroeconomic conditions, there is no question that it undersells the importance and the independence of the work of the Federal Reserve Board.

There are some complex issues here, but we are working constructively to get this done.

Was there anything you wanted to add about the oil cap policy that you didn't have a chance to during the previous round of questioning?

Culture starts at the top.

I encourage the Biden Administration to quickly nominate a new FDIC Chair.

It is appropriate to bring in new leadership to the FDIC.

I was appalled by the findings of the Cleary report.

I missed a recorded vote today. Had I been present, on Roll Call No. 227, Ogles Amendment No. 1 to H.R. 5403, CBDC Anti-Surveillance State Act, I would have voted `no'.

I think the two most significant recent uses of this are the COVID epidemic, and also, the recent AI Executive Order.

Americans are better off when we have options, and we should strive for a competitive marketplace for banks of all sizes.

Maintaining a healthy-sized distribution in the banking industry is of bipartisan concern.

In 2021, President Biden issued an Executive Order encouraging regulators to take steps to promote market competition across our economy.

Bipartisan polling has shown that the CFPB is overwhelmingly popular among U.S. consumers, finding that 82 percent of voters, including 77 percent of Republicans, support the CFPB's mission.

Since the Consumer Financial Protection Bureau opened its doors in 2011, it has served as the cop on the beat, protecting consumers from unfair, deceptive, and abusive practices.