Mike Capuano

I like flexibility in that because, let's be honest, most Members of Congress are not technologically capable.

My friends over there, they know it. I would regulate everything.

I struggle with a cell phone. And that is life.

I would regulate everything. Don't worry about it.

I actually like the idea. I am very happy that we are talking about Federal standards.

The Congress is last to the issue. States are first to the issue, like in most issues.

Does anybody believe that to be true?

I am really concerned about this Dodd-Frank net, which has started to smother our small banks that are the backbone of our community.

I come from Maine, and we do a lot of fishing up there. And sometimes a net should have holes in it big enough for the small fish to get through.

So, of course, after this happened--Washington knows best--the big brother government sort of ran to everyone's rescue.

What I do think is that if we are going to have Federal regulations, which I don't oppose, then you need to come to Congress and say, 'We want to have Federal regulations on insurance companies.'

So you are suggesting that the IAIS is something along the lines of a model law, trying to do best practices to suggest, to help our State friends see the light?

I will clearly state that I have been a supporter of an optional Federal charter--I know that gets some people all worked up.

Can you point to me the law that empowers any United States Federal agency at the Federal level to regulate a non-SIFI, non-bank-owning insurance company?

Could you cite that law to me?

I guess I need to ask, you do realize that housing costs are different across the country.

I don't want it to look like I am 100 percent in favor of all things low-income.

I think this is an important hearing and I think this is an important subject, but I think it is a very delicate subject.

There probably will still be poor people in Washington and in the rest of America.

I actually like the idea of public-private relationships, but I also am deeply fearful of something that says, 'Let's do it today and not worry about tomorrow.'

The government has to be involved with affordable housing.

There is no such thing as privately-funded affordable housing, period.

We have no further speakers on this bill. I would like to add my voice to supporting this bill as well. I will tell you unequivocally, my definition of rural is whatever Andy Barr and Ruben Hinojosa say it is. 11,591 people in a county? I…

I would just like to add my voice to those who support this bill, another commonsense bill that hopefully won't take us three more Congresses to get our friends on the other side to actually take action on something that is relatively…

We have no further speakers. I would just like to add my voice in support of this bill. It is a very commonsense bill, and I am proud to be able to support it. I yield back the balance of my time.