Barney Frank

At the request of the chairman of the full committee, I would now yield 2 minutes to him. I believe he intends to conduct a colloquy. Mr. McKEON. I thank the gentleman for yielding. Mr. Speaker, I yield 2 minutes to the gentleman from…

Continuing to yield according to the arrangements of the gentleman from Washington, the ranking member, I yield 4 minutes to the gentleman from New York (Mr. Nadler).

I intend to reserve most of the time for myself, but I have shared with the ranking member of the Armed Services Committee, who's done a very good job and had some commitments, and I'm yielding to some people as a proxy for him, but I will…

Mr. Kelleher, you gave such passionate and strong testimony just a few minutes ago about Volcker.

Barney Frank, let me just say that having worked with you has been an extraordinary experience...

I think the amount of time we are talking about is not too long, given the importance of this and of doing it right.

I do want to say, in defense of the regulators, that they are, to some extent, damned if they do and damned if they don't.

I believe it is important that it get done this year. I believe it will be.

The Volcker Rule, and it does it, I believe, in a thoughtful way.

The problem with partisanship is not that it exists because there are legitimate differences that should be debated.

Many of us on the Democratic side were more supportive of the crisis efforts of President Bush...

In 2009, Barack Obama was President. In 2008, when AIG was bailed out...

That has always been the bottom line for all of us.

But with that being said, I think we did a very good job on that.

He was a registered Republican but was three times appointed by George Bush to high economic positions.

What we have is an objection to the fact that we have, for the first time, an independent consumer agency.

Of the first substantive one. If the gentleman wants me to, I would yield to the gentlewoman from North Carolina.

It's my time. If the gentleman wants me to yield, I will yield. First, I would note that the error was in the first substantive page. This was not buried somewhere deep in the bill. Just to reinforce the point that a lot of people didn't…

Apparently, that is what was in the bill. They said it was a typo, that the letters ``U'' and ``N'' were left out. I will say there is certain equality here. The day before yesterday, the mistake was letters, and today it's numbers. I…

Reclaiming my time to say, if that's the case, if the letters ``U'' and ``N'' were left out, knowing the animosity on that side to the U.N., I can understand why psychologically that would have happened. I yield again to the gentlewoman.

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from Florida will be postponed. {time} 2200

First of all, a large percentage of the people in this room would be too; but, secondly, the fact is that the gentleman from Florida is who started pointing fingers. When I talked about who was in charge of the SEC, all of a sudden he is…

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from Pennsylvania will be postponed. Amendment No. 20 Offered by Mr. Posey The Acting CHAIR. It…

I rise in opposition, Madam Chair. The Acting CHAIR. The gentleman is recognized for 5 minutes. {time} 2100

I'm glad that the Committee on Government and Oversight isn't the official House historian. In fact, there was a motion to include language like this offered to the financial reform bill. I voted ``no,'' as did Mr. Watt. It was included in…