Bill Foster: “In 2021, President Biden issued an Executive Order encouraging regulators to take steps to promote market competition…”

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

This bill strengthens FSOC's capability to execute its mission by improving consistency, accountability, and outcomes for our financial system. I appreciate also Ranking Member Waters' support for this bill in committee and urge my…

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