Dodd-Frank changed the law on how FDIC calculated what banks owe in deposit insurance assessments.

Could you estimate how much your institution has saved in total assessments because of this change?

I have joined with all of my Democratic colleagues on the Banking Committee to introduce a bill that would provide targeted relief to small lenders without rolling back the rules on big banks that pose a real threat to our financial system.

The estimate was that over a 3-year period it would save community banks about $4.5 billion.

We need to move past the idea that Dodd-Frank has crushed community banks. It is just not true.

This Committee should legislate based on the facts, not on a make-believe narrative that is pushed by lobbyists.

Dodd-Frank included a tradeoff. It imposed new rules to protect consumers and our markets, necessary rules to stop the kind of behavior that led to the last crisis.

In the Dodd-Frank Act, Congress directed the Federal Deposit Insurance Corporation (FDIC) to change how it calculates deposit insurance assessments.

So it seems to me that a strong stream protection rule will make a real difference in protecting areas immediately surrounding coal mining, but this rule does not cover some of the most devastating public health effects of mining and it…

The damage that coal mining can cause to surrounding waters, to the wildlife that depend on those waters, is well documented and it is serious.

In your view, does the existing rule...sufficiently protect water sources? No, it does not.

While the rule is a step in the right direction, let's not kid ourselves about the scope of this rule, what kind of impact it is going to have on the coal industry.