Bill Foster

The ultimate solution to this is just to get rid of the debt limit. This is a ridiculous rule that we make up for ourselves.

I do believe that there should be a rough proportionality between the number of rulemakings and the number of good ideas.

Had we followed Congress' direction to include contingent capital in the stacks of U.S. large banks, we would have been able to resolve the SVB without hitting the Deposit Insurance Fund.

This will require stronger emergency liquidity provisions to banks under attack, and it has to be available 24 hours a day, 7 days a week.

What we have learned is that we now have to reinforce our banking system against bank runs that can occur at the speed of the internet.

I remain proud of what we did almost 13 years ago with the Dodd-Frank Act.

We spent billions of dollars, and at one point in a committee hearing, I asked the question, well, didn't the Taliban kind of do this experiment?

We have spent billions of dollars, and at one point in a committee hearing, I asked the question, well, didn't the Taliban kind of do this experiment?

On rollcall No. 138 for H.R. 140, I mistakenly recorded my vote as ``aye''. As a strong supporter of unions, I oppose the Perry/Foxx amendment, and I intended to vote ``no.'' Amendment No. 6 Offered by Ms. Jackson Lee The Acting CHAIR. The…

If we wish to prevent crypto assets from being used for ransomware, if we wish to prevent wash trades and other market manipulation, is there any alternative to having every crypto transaction ultimately associated with a traceable legal…

Just for the record, no one volunteered such a magic technology.

The monetary policy report that we are receiving today is largely a narrative of a return to normal.

I think it is a mistake to imagine that you can completely hide from the macroeconomic effects of technology in your scenario planning.

I think they can be very severe. We have seen situations where background reports and credit reports have actually blocked people from getting an apartment or a job because they are falsely matched with someone else.

I am very impressed by the observation that out of the wide purview of issues under the CFPB's mandate, over 70 percent of all consumer complaints filed with the CFPB relate to credit reporting.

I understand that you can't comment directly on that, but we often hear back from the credit reporting agencies that although some credit scores and reports may get reported inaccurately, they virtually never adversely affect a consumer…

If you look at all of the different incentives that we tried to apply to get people in housing, both on the supply side and the demand side, has anyone systematically looked at what gets the most people into a house per unit of Federal…

We in a bipartisan way on this Committee have been doing everything we can to try to drag that across the finish line.

I've been chairing the Task Force on AI and Financial Services for the last several years.

You all benefit from having the Federal Government and the Federal taxpayer as the insurer of last resort.

I'm amazed at how consistent that your industry is; when you come to us, it is almost always with some elaborate set of logic to try to convince us that you should be allowed to lever out more.

It is called immigration reform. And there are hordes of very competent, well-trained nurses around the world.

If we simply had--because we pay a lot more in Federal taxes than we get back in Federal spending.

We have enough money to fix this in this country, and it is to our shame that we don't.

And I also--I, too, lost my favorite aunt and my favorite uncle in a nursing home in the situation.