Bill Huizenga

May I inquire as to the balance of time each side has left? The SPEAKER pro tempore (Ms. Foxx). The gentleman from Michigan has 14 minutes remaining. The gentlewoman from California has 15 minutes remaining.

May I inquire as to the balance of time remaining on each side? The SPEAKER pro tempore (Mr. Shimkus). The gentleman from Michigan (Mr. Huizenga) has 3\1/2\ minutes remaining. The gentleman from Michigan (Mr. Kildee) has 9 minutes…

What is good for the goose is good for the gander, and you are not willing to accept the same standard that you apply to others on the outside for your own Bureau that you are--

What the current law and rule do is effectively force you to look into the mind and heart of every trader on every trade to see what the intent is.

The Volcker Rule, because of the way it is written and its presumption that every trade is a proprietary trade unless proven otherwise, is a hindrance and a significant hindrance on the ability to make markets and to make effective markets.

This is proof of the progress we can make on behalf of the American people when we work together.

Yes. And one we will continue to ask.

I personally think it is extremely beneficial to small companies.

I think your bill is very important. I think we need to restore that access to funding to actually get the entrepreneurial machine going again.

I am proud of the bipartisan manner in which the JOBS Act came into existence.

I urge you to dedicate our Harbor Maintenance Trust Fund tax revenue for its intended purpose.

I urge the House Appropriations Committee to stay on a path to full utilization of the Trust Fund.

Isn't it true that if we would have thrown off the shackles of unreasonable regulation, we would have had a faster, steeper recovery?

But isn't it true that the labor force participation rates are at record lows?

Does the economy still need improving?

I think it is good communication.

Isn't it true that the Obama Administration is the first Administration since World War II in the modern era which has not returned the economy to pre-recession levels?

I would be happy to write a rule. I am not sure that the gentleman from Massachusetts would be happy with it. I am not sure that the SEC would be happy with it. Again, having that debate here in the well of the House, I was not here for…

I will point out, though, what my resolution does, is it directs the SEC to go back to the drawing board. It is not our job to write the rule. You are asking for that proposal. The SEC wrote a rule; it got struck down by the courts. They…

And even without this SEC extraction rule in effect, fraud will still be fraud and corruption will still be corruption. Both will still be illegal activities that should be punished to the fullest extent of the law. Voting for this…

I maintain my opposition to this amendment. I yield back the balance of my time. The Acting CHAIR. The question is on the amendment offered by the gentleman from Maryland (Mr. Raskin). The question was taken; and the Acting Chair announced…

At this time I am prepared to close, and I reserve the balance of my time. Mr. DeSAULNIER. Mr. Chairman, with all due respect, I really think this is, as intended, a commonsense amendment. I do think it complements rather than adds on to…

May I inquire as to the remaining balance of the time. The Acting CHAIR. The gentleman from Michigan has 3\1/2\ minutes remaining, and the gentleman from Texas has 30 seconds remaining.

I appreciate the gentleman yielding. Working together on the Financial Services Committee, we know that there are actuarial tables and analyze risk all the time. You are able to analyze fraud.

This has nothing to do with Bernie Madoff since the whistleblower approached the SEC and the SEC, using its dollars, was not able to stop him.