Chris Van Hollen

We need good capital requirements in banks, but I agree with Mr. Powell, they cannot be a complete substitute for some kind of reasonable regulation.

I just want to hear from you a willingness to talk and explore ways where we could modify some of those provisions to make sure we address the needs of some of the smaller, medium-size farms.

The Trump administration proposal wipes out the EPA's Chesapeake Bay program, which has had bipartisan support in our State of Maryland

We cannot continue the progress that has been made in the Chesapeake Bay.

The Chesapeake Bay is a national treasure. It is also vital to the economy in the State of Maryland.

I am very proud of the fact that I am the first Maryland Senator to serve on this Committee since back in 1922.

Given the record support for this rulemaking petition, I am concerned that the SEC has been too dismissive of the comments from investors and members of the public regarding an issue that goes to the core of the SEC's mission.

As more and more companies begin to recognize this information is material to shareholders, do you agree that a standardized disclosure regime would provide shareholders with access to clear and comparable disclosures?

Do you agree with the concept that shareholders, those that actually own the wealth of corporations, should be able to access information regarding a company's political spending decisions?

I believe there is a reputational risk to a company if it is disclosed, if people find out through other means that they may have spent a whole lot of money supporting one political candidate or another.

We think that a lot of these settlement agreements where nobody was actually held personally accountable and personally liable actually do not create the kind of deterrence that we want.

I think it is important to remember that Dodd-Frank was a response to the financial meltdown.

We know what their strategy is.

I think that the prosecutions we brought against the Chinese actors certainly helped establish the U.S.-China cyber agreement.

They use cyber, they use fake news. They did it to support Donald Trump's candidacy.

I think we also need to join with our European partners to respond with sanctions to the interference in our elections.

Thank you, Mr. Chairman. I want to thank all the witnesses.

I think in the skinny budget it failed to recognize--I mean, they claim that it was because all the costs should be internalized to the program and failed to recognize the benefit to communities and to outside that are not necessarily in…

The Trump administration's skinny budget that was submitted calls for a $190 million cut to the appropriation for mapping of NFIP programs.

After all, President Trump recently eliminated an Executive order from the previous Administration that was supposed to look at mitigating the impact of climate change.

I look forward to working with you on this, Mr. Chairman, because as you can imagine, there are a lot of people who they have been paying their premiums, and then, you know, disaster strikes.

And there are a lot of people who they may not have flood insurance, but they bought this business interruption insurance in the event that their business is hit by a catastrophic event.

I would say that in my State of Maryland, Mr. Chairman, in Annapolis, we have the Naval Academy.

We will not feel safer when the budget for such projects will be essentially cut.

We continue to believe that the transatlantic alliance is absolutely essential.