this new bill creates an entirely new standard that isn't a fiduciary standard or a suitability standard.

this bill would be devastating to low-income, to middle-income, to senior citizens.

this bill that Mrs. Wagner has put before us is a very troubling bill.

this discussion draft will most certainly undermine the SEC's rulemaking authority in this space.

conflicts of interest for Government officials cannot be allowed to be present in any of the transactions by the United States Government concerning Government property.

I have quite consistently supported for public office persons of both political parties who I believe will reduce the size of Government, increase the efficiency of Government, and reduce the burden of taxation on the American people.

I want to recognize and thank Chairman Denham of our Subcommittee on Railroads, Pipelines, and Hazardous Materials for his leadership in getting the Federal Assets Sale and Transfer Act across the finish line last year.

conflicts of interest have consequences.

I absolutely oppose it, and I want the record to reflect that I would never support something that is going to harm people in this fashion.

That is the kind of policy that, absent some reason, would really drive a divisive wedge in a--maybe other places, but in this committee would drive a divisive wedge between people that get along and work together.

There is no reason to find ways to drive us apart unnecessarily.

But we have specifically opposed the cuts to Amtrak in the President's budget.

I don't think you need to translate for me for that.

I think high-speed rail is an embarrassment, for those of us who travel internationally, to see how far behind we are on high-speed rail.

Well, I am particularly happy he was enlightened.

The stimulus was a good bill. I am glad I voted for it.

How--when you come to the Federal Government and ask for money, how can we be sure that Governor Christie won't renege again?

No one is going to vote for me by spending a lot of money on passenger rail.

From my perspective, anything I do as a Member of Congress to deal with Amtrak or any passenger facility across the country, none of it is going to get me a single vote.

But this is essential.

I think the long-distance network provides valuable services, but that is an argument that you can have on a philosophical basis.

I have been informed that President Trump's administration have told all Departments not to answer any questions submitted to them by ranking members of committee or subcommittees.

You know, I was going to talk about leveraged buyouts, and I was going to talk about CDOs and CDO squared and Volcker rules and all those other things, but the truth is that is not what this is about. It is not about the details of the…

It puzzles me why we are going to have so much faith in the airline industry when, in the last 2 years, they have proven repeatedly that they don't know how to manage large computerized systems.

You do realize that virtually nobody here believes that, but that is OK.