I think one of the reasons that we have a lot of--both parties talking past each other in a lot of these things and often coming up with imaginary scenarios of what might have happen.

Grown-up substantive discussions with the Congress about which theories the Fed is supplying, what the alternatives are, who the winners and losers may be, and what the implications for political economy and political finance are, just as…

But I think when I look at the debate over monetary policy, the big problem is that we are not looking enough at the distributional consequences of this.

Now, there can be no doubt that taking $2.4 trillion from some people and giving it to other people is a political act.

I thank Ranking Member Waters for yielding me time and for her leadership on this. Nine years ago, I was there, in 2008, when our financial system collapsed, as a new Member of Congress, the sole scientist on the Financial Services…

I'm really excited to just think about what the James Webb Space Telescope is going to mean.

I think that's fundamental to--you know, we have to plan how to convince the public to write a great big check to do this.

I know in my State of Illinois, we lose about $40 billion a year, which is very comparable to the Greek subsidy.

There are a number of very interesting lessons that the world, as well as our country, I think should learn from this.

That is right. And actually, the IMF may have a role in encouraging that globally.

I think there is a bigger concern within Europe, especially after the U.K. vote to leave the European Union, that if Greece were to leave, it is showing that the continental system, the political system that they have struggled so hard to…

This is the problem with having a monetary union without a fiscal union.

Oh, yes, this will be politically very, very difficult.

But this is the way we have lived for at least 40 years in the United States and it has real, long-term impacts.

Right. But a solution to that problem could actually at least be a partial solution to this.

I thank my colleague from Arkansas (Mr. Hill) for his years of hard bipartisan work that went into this bill. I am proud to support this bill today because I believe that it will strengthen the abilities of investors to make informed…

I again thank my colleague from Arkansas (Mr. Hill) and now-Governor Carney, as well, for working on this bill over the past years. I look forward to it being signed into law. Mr. Speaker, I yield back the balance of my time.

I would like to thank the gentleman from Rhode Island for yielding and for leading this important conversation. We come here today to call attention to a misguided turn that this administration proposes to take in our country's cultural…

The catastrophe was caused by the simultaneous collapse of all three legs of our financial system: the collapse of Republican monetary policy; Republican fiscal policy; and Republican regulatory policy.

I think this is a tradeoff that we have to understand, and not duck from the fact that it is a fundamental tradeoff that will always be with us.

I think that Members on both sides of the aisle who were not there would do themselves well to look over the tapes of the hearings and the congressional Floor vote and remember what it was that got us into this and what we had to do to get…

This is the final amendment to the bill, which will not kill the bill or send it back to committee. If adopted, the bill will immediately proceed to final passage, as amended. This amendment is a commonsense and logical addition to this…

I am opposed. The SPEAKER pro tempore. The Clerk will report the motion to recommit. The Clerk read as follows: Mr. Foster moves to recommit the bill H.R. 1431 to the Committee on Science, Space, and Technology with instructions to report…

On that I demand the yeas and nays. The yeas and nays were ordered. The SPEAKER pro tempore. Pursuant to clause 9 of rule XX, the Chair will reduce to 5 minutes the minimum time for any electronic vote on the question of passage of the…

One of the only really encouraging developments in the quality of our political debate recently is the acknowledgement that economic growth is not a single value function of monetary policy.