Everything I know that I want to make better about myself and my family... costs money.
Mike Capuano
The Public Record
Mike Capuano is a former U.S. Representative from Massachusetts, serving from 1999 to 2019. A member of the Democratic Party, he represented Massachusetts's 8th congressional district. During his tenure, Capuano was known for his advocacy on issues such as healthcare, education, and civil rights. He served on several committees, including the Transportation and Infrastructure Committee, where he focused on infrastructure development and public transportation improvements in his district.
I guess I don't really have any questions because the truth is I already know some of the things that need to be done.
How are we going to get to an end? How are we ever going to get any of these things addressed if we simply sit here and say, oh, we hate this, we love that, here are my speaking points for my campaign.
Dodd-Frank has done a very good job at containing the crisis that we had, putting us back on the footing.
We are making money, we are actually costing homeowners more than they should be charged so that we can use it as a piggy bank, yet we can't have an honest discussion on how to fix it.
We want to talk about how bad Dodd-Frank is. We don't want to talk about the things we can come to an agreement on to fix some of the things.
This is another one of these show-and-tell hearings with apparently no purpose to it.
I continue waiting for my Republican colleagues to acknowledge, as Mr. Greenspan has, that they have found a flaw in free market ideology.
When the Ex-Im Bank goes away, government will still be picking winners and losers.
We are not talking about reforming the Export-Import Bank here. It is going away.
If every country in the world would legitimately shut down their ex-im bank or their comparable one to it, I would consider it because I don't disagree.
I don't live in the ivory tower. In the ivory tower, what you say makes sense.
The Ex-Im Bank's guidance is bad for our Nation's economy, bad for the development of future technologies, and bad for the environment.
This is another example of this Administration's intent to pick winners and losers in our economy, and I can no longer support the authorization of the Ex-Im Bank.
I don't want to find out that somehow through the back door, we gave up our entire system of insurance regulation without knowing about it.
I just don't have faith at the moment. I may have it at some future time that the international standards are going to be any better than we can do for ourselves.
I am not opposed to internationalization. It is going to happen. I just think that we shouldn't put the cart before the horse.
I am very supportive of what you do. I am supportive of you doing research. I am not supportive of anyone gathering additional data that is unnecessary or kept for inappropriate time periods.
I have not had a single complaint about the impact of QM on individual borrowers or on the housing market itself.