Luetkemeyer: “The concern that we have, though, is that there is a rubber stamp effect with FSOC with regards to insurance SIFIs.”

This has to stop. ... It is going to be a direct cost to the consumers, and it is going to hurt the small banks especially.

Just a reminder to the committee that getting into the personal business of the President, as well as Mr. Trump, is inappropriate for this committee.

Do you think it would be a good idea for us as legislators to look at doing this in other areas of government, where we could pass off some of the risk to the private sector versus having taxpayers take on all this risk?

I think the tax cuts of 2017 showed that leaving money in people's pockets... seems to work.