On the recordDecember 1, 2016
I thank the gentlewoman for yielding. Mr. Speaker, I rise today to oppose this legislation, but I also want to speak to the millions of Americans of all political stripes who want Washington to change, who want to reclaim their voice in their democracy, and who long, actually, for the interests of Main Street to be put ahead of the interests of Wall Street. Unfortunately, Washington hasn't heard you, America. The system is still rigged and the swamp is only getting deeper. Special interest lobbyists are sharpening their knives in advance of the new Congress, and President-elect Trump's administration is ready to carve up the Tax Code for their benefit and eliminate oversight of Wall Street. In fact, bank stocks are surging now with Wall Street giddy at the prospect of tossing out critical rules and regulations designed to prevent another financial collapse and taxpayer bailout. As one Wall Street analyst put it immediately after the election: ``Everything is in play.'' Or maybe we should just use Mr. Hensarling's words: ``You ain't seen nothing yet.'' If you need further proof that special interests and the Wall Street elite will be empowered in the new Congress and administration, look no further than President-elect Trump's nomination for the Treasury Department: Steve Mnuchin--a billionaire hedge fund manager, former Goldman Sachs executive and bank CEO.…





