Deborah Koff Ross

Might I inquire how much time is remaining? The SPEAKER pro tempore. The gentleman from Florida has 9\1/2\ minutes remaining. The gentleman from Virginia has 8\1/2\ minutes remaining.

If I might just, again, clarify for the record, this is a reporting bill. It is a transparency bill. The standard that my good friend from Massachusetts discusses, and that I agreed with, is not affected at all by this bill. I would have…

Reclaiming my time, while I understand where my colleague from Virginia is taking my comments from, I must submit that at no time did I allege that the Federal employees, all Federal employees, are committing crimes on official time. I…

I want to be clear here, because I want to make sure that we are talking about the same bill. This bill doesn't do anything about union dues. This bill doesn't do anything other than require the transparency of reporting official time. And…

I might just suggest to my good friend from Virginia that this is a reporting bill, that this is the same bill, as amended by their amendment, that was passed out of committee overwhelmingly, that I believe the gentleman from Virginia…

It is imperative that Fannie's and Freddie's conservator--the Federal Housing Finance Agency, or FHFA--scrutinize new purchasing strategies to ensure that the enterprises' dealings are in line with their charters to stimulate…

FOIA does not require that all records be released to requesters. The FOIA statute allows agencies to withhold information under nine exemptions, which were designed to protect truly sensitive information that would be harmful to important…

The manager's amendment that I am offering on behalf of Chairman Chaffetz makes technical and conforming changes to the bill. Applying FOIA to Fannie and Freddie while the entities remain in conservatorship will better ensure that the…

I have an amendment at the desk, as the designee of the gentleman from Utah (Mr. Chaffetz). The CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 1, strike line 10 and all that follows through…

As you can see, this is a bill that I think has broad bipartisan support. It is something that we need to do for the taxpayers who have invested so much into Fannie and Freddie over the years. Let's make them subject to FOIA. I urge…

I claim the time in opposition, though I am not opposed to the amendment. The CHAIR. Without objection, the gentleman from Florida is recognized for 5 minutes. There was no objection.

Yet, there is a provision of this bill that I must express my concerns about, and that is the provision that would repeal debit reform.

I support the provisions that require the restructuring and accountability of the CFPB.

I support the provisions of this bill that increase accountability of both Washington and Wall Street.

I firmly believe that we must enact many of the important reforms contained in the CHOICE Act.

My concern is that if this essentially annihilates this particular supply of credit that is being used by millions of Americans every day, what is the recourse?

This is a demand-driven industry that requires a supply.

And so you would agree, then, that the proposed arbitration rule would not apply to the scope of life insurance policies?

I agree, and I think Florida has been a good example of that.

It seems to me that we need to narrow the Fed's mandate on this when we know that we have a common goal.

Now we know that Wall Street is doing just fine and Main Street is not.

I am a small-business person and I understand every bit of that.

Ultimately, the staff report verifies what we have already known: that Washington simply is unable to accurately identify and define systemic risk.

It's like going to the doctor, you are sick, but we are not going to tell you why you are sick or how you got sick or how you can get better, but we will let you know when you are dead. It's the same way with SIFI designation.

Interesting, of the four non-bank financial institutions, three, of course, were insurance companies...