Erik Paulsen

Thank you, Mr. Chairman, for holding this important subcommittee hearing on proposed legislation that would help increase the economic pressure on the Iranian government.

However, the Iranian regime is likely to absorb such sanctions if the United States does not simultaneously reach out to the Iranian people themselves.

While I think we need to remedy the problems caused by the bad actors, we also need to acknowledge the fragile condition of our current credit markets and make sure we do no harm with future legislation.

we need a stimulus bill that will put people back to work and create jobs. We don't need a big government spending bill that has become a grab bag of special interest spending. I have several concerns about the bill, but I would like to…

if we want the lending community to do the right thing, if we want people to take a loss to put borrowers into the HOPE for Homeowners program or some other type of refinance vehicle, we actually need to make it as easy as possible for…

I certainly believe we must make sure that Americans have trust in the deposits that are going into the FDIC-insured accounts.

the definition of ``insanity'' is doing the same thing over and over again and expecting different results. Three months ago, Congress rushed to spend $350 billion of taxpayer dollars without adequate hearings and deliberation. The result…