On the recordJanuary 7, 2015
I thank my friend for yielding. Mr. Speaker, here we are on the second day of the 114th Congress. It has not yet been 24 hours since Members of this Congress were sworn in. What we have before us is a package of 11 complex bills with significant implications for our financial system--and I want to make this very clear, as my friend pointed out--some of which have not gone through the process of scrutiny by the Financial Services Committee or the regular legislative process. Some of it has and some of it has not, but it has not been at all by this Congress. This is not an emergency. Unlike TRIA, which expired before we left, there is not a time- sensitive nature of this question. It is really important to me--and especially as now a second-term Member--to remember what it was like to show up here and to have things put in front of us that we had not really had a chance to fully and thoroughly vet. {time} 1330 The regular order--as was spoken about yesterday--it is critical for the minority to have access to the process, and it is only done through the regular legislative process. This legislation just continues to give and give and give to Wall Street. Despite the fact that my principal objection is with the lack of adherence to regular order and the process of legislating, substantively, there are problems with this legislation.…





