Political Quotes

“Madam Speaker, I now yield myself as much time as I may consume. I rise today in support of H.R. 634, the Business Risk Mitigation and Price Stabilization Act of 2013. I'm proud to have coauthored this bipartisan legislation with my colleague, Michael Grimm. I appreciate his hard work on this important legislation and his willingness to work across the aisle. I would also like the thank our partners on the Agriculture Committee, Representatives Austin Scott and Mike McIntyre. We all worked together on this bill to keep costs down for families and small businesses for a wide range of goods and services like groceries, air travel, and autos. I would like to thank Chairman Hensarling and Ranking Member Waters for their support on this crucial legislation. While this bill improves financial regulation, this is truly a Main Street bill. Derivatives end users represent a broad cross section of businesses across our Nation, from farmers worried about the price of fertilizer to manufacturers concerned about fluctuating interest rates. Businesses in all of our districts use derivatives to ensure that they pay a reasonable price for the products they need and keep consumer prices stable no matter what happens in the financial markets. This bill is about protecting businesses across Michigan and the United States that rely on derivatives to responsibly manage risk.…”