Luetkemeyer: “I appreciate you holding this hearing on a topic that we know is important, but we never seem in this Congress to ever…”

I think that $15 billion line is one example of many, many places in Dodd-Frank where there was an attempt to restrict the impact of these new rules and regulations to larger banks.

I can't agree more with Mr. Im that we should be doing more through regular business, and I think sanctioning China and Mexico is certainly in order.

What you are saying is that when you raise taxes, to the extent that the individual or small business cannot even pay it, it will force them out of business.

If you don't have the tools, the ability to study this, how can you make regulations that pinpoint what you can do to improve the economy or know the effect of those rules?