Bill Huizenga: “I appreciate the chairman yielding to me on this. Exactly what you were talking about is the case. This is merely a…”

“I appreciate the chairman yielding to me on this. Exactly what you were talking about is the case. This is merely a benchmark guideline to measure against. In fact, in committee, when Chair Yellen was testifying in front of our committee, I suggested that, if they saw problems, that they would then put a floor or put a ceiling on any movement that could happen within that timeframe. I thought I gave a very helpful suggestion that we call it the Yellen rule at that point, and she can claim credit for doing exactly what is being discussed.”