Regulatory Burden Under Biden Soars to $1.6 Trillion, 292 Million Paperwork Hours.

I hate this rule. I fought it from the very beginning and once it got implemented we were trying to figure out how to make it minimally impactful on our folks.

I am an interesting guy to have on the committee here this morning because I was a sponsor, the Republican sponsor, of the Corporate Transparency Act.

As much as I hate that bill and hate that rule, my intention on that was to make sure we minimize the effect of this bill or this rule because it originally was a horrendous thing.

there is discomfort and disquiet out there in the small business community that they are going to get in trouble for trying to comply with something they can't understand

I can tell you I was part of the group that put the PPP program together. And I can tell you I was very strenuous in my concerns about allowing the fintech companies in.

This is unbelievable. I can't get a straight answer. It took me 3 minutes to get an answer on that question.

That is not a request by a letter. That is in the law that Congress passed. She is supposed to show up.

You ignore the advice from the report that you actually requested and paid for from the accountants.

I don't know how you can say you are adequately doing it.

In response to the outbreak of the Korean War in 1950, my fellow Missourian, President Harry Truman, signed a law intended to ensure that our nation would have sufficient industrial resources to meet our national security needs.

even the Fed Vice Chair of regulation who proposed the rule said there is no economic analysis which is horrible from the standpoint of proposing rules.

this Basel rule, proposal in my mind, is a disaster from the standpoint we have just come through the COVID situation.

That is a huge driver of inflation when you add that as a cost.

I thank the chairman for yielding and thank him for managing the floor today. I was supposed to do that, and I got stuck in a snowstorm and slid all the way here, but I am here and glad to be here. Before us today are a number of bills…

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: At the end of the bill (before the short title), insert the following: Sec. ___. None of the funds made…

I am pleased to offer this amendment today with the gentleman from Arkansas (Mr. Hill) as a cosponsor, who was here a minute ago. I am confident it will garner bipartisan support. My amendment would prohibit funds from this bill from being…

I would just argue that the Treasury Department is in charge of various activities with regard to the governance of these boards, whether the World Bank, IMF, et cetera. These are entities that we fund. We are on these boards, and these…

We must cripple their economy and return to the previous Administration's maximum pressure campaign, in my opinion.

The Biden Administration had secretly made available to Iran, since May, $50 billion for nothing more than a promise that Iran would not provoke an immediate nuclear crisis by producing weapons-grade uranium.

Make no mistake, Hamas is no friend of the Palestinian people, in my opinion.

Naively believing that diplomatic agreements will deter the Iranian regime will be done at our own peril.

We must not waiver in our support for our ally of Israel.

Nothing could be further from the truth. I personally worked with former Congresswoman Carolyn Maloney on an earlier iteration of the CTA.