I think this really gets to what both the Chairman and a number of us have said is, if you have a financial institution that is not in trouble, that hasn't tripped any of these legal wires. Really, what is the legal standing for the Federal Reserve and its regulators to come in and be involved with board decisions, much less discussions with committees of that?
Huizenga questions the Fed's authority over non-troubled financial institutions.
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Mr. Speaker, obviously, at the end of this, finally, it acknowledges that a clear regulatory framework led by the United States is needed to usher in this modern technology. Mr. Speaker, we are at an inflection point. When it comes to…
I continue to reserve the balance of my time until the gentlewoman is prepared to close.
I simply note that if this was about protecting investors and maximizing their profit, we wouldn't force them to go into a lower return product like my colleagues are trying to do. Mr. Speaker, I yield 2 minutes to the gentleman from…
After careful consideration with Natalie and my family, as well as in consultation with President Trump, I have decided against a bid for U.S. Senate in Michigan.
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