Deborah Koff Ross

And I guess my point is, is this not, this action by the FSOC of designating these three insurance companies, is it not an indictment of the State-regulated base form of insurance regulation that we have in this country?

At least one went to court and was successful. And I think one insurance company went to court and was successful, MetLife.

And wouldn't you say that if we are going to go this route and allow for FSOC to ignore its experts and indict a State-based system of insurance regulation that we are essentially setting up possibly a two-tiered system, one of which that…

But my concern is that if the consumer demand is there, which it is, in fact, it is probably there more now than it has been in the last 8 years, and yet where are the consumers going to go?

It is my understanding that the number of community banks that now exist is at the lowest number since prior to the Great Depression in 1928.

And since Dodd-Frank, your hands have been tied, have they not?

Which is why we call it insurance, because it is risk management and not relief, which is what I think a lot of people expect when they pay subsidized policies, is relief instead of insurance.

As we continue our efforts to reauthorize and reform the National Flood Insurance Program before September 30, 2017, we have a lot on our plate.

Would it not be appropriate to get this put into law sooner than the expiration of the National Flood Insurance Program at the end of September?

This amendment would exclude from the commission's review regulations under title I, part A of the Elementary and Secondary Education Act, as amended. ESEA provides financial assistance to local educational agencies and schools with high…

As we pointed out yesterday, the SCRUB Act requires the commission to identify regulations that should be repealed. The commission focuses on rules and regulations that are out of date, no longer useful, and otherwise unnecessary or…

Everybody wants to see gainful employment for our students, our college students especially. Those institutions that have preyed on these students also are as a result of a regulatory environment that has allowed that to happen. That same…

Since 1965, when the ESEA was passed, we have gone from chalkboards to iPads. Things have changed. The regulatory environment has changed. May I remind my colleagues that, under the SCRUB Act, the bipartisan review committee would make…

It is interesting because creatively my friend from Maryland is trying to do unsuccessfully what they have done all along unsuccessfully, and that is just create a carve-out of regulations for review by the SCRUB Act. Now, what regulation…

Again, nothing in the SCRUB Act does anything to remove any of the protections that already exist for whistleblowers. This essentially makes it open for review, but, more importantly, as I agree with my colleague from Maryland, we need to…

Let me begin by saying that my colleague from Maryland, the ranking member of the full committee, has been and continues to be probably one of the strongest advocates for whistleblower protections, and I thank him and laud him for that…

The regulations that we are talking about in the GAO report that are so ineffective, that have been a failure, are those regulations that have been imposed by unelectable bureaucrats in the bureaucracy that we are trying to reach back and…

This amendment is the prime example of why we need the SCRUB Act. ``Federal Management of Programs that Serve Tribes'' was added to the Government Accountability Office biannual high-risk report released earlier this month. The GAO…

This bill, when passed, does nothing to remove any regulation. What it does is exactly what we were elected to do: provide transparency and oversight over existing regulations to determine whether they are necessary or not. For those…

This bill, again, requires the commission to identify regulations which should be repealed. The commission focuses on rules and regulations that are, again, out-of-date, no longer necessary, no longer useful, or otherwise obsolete…

While I appreciate the argument about an unelected commission, I must say that these regulations are already being promulgated by unelected, unaccountable bureaucrats. Again, if we are going to have to have a review--an oversight--of our…

As I mentioned earlier, the bill requires the commission to identify regulations--all regulations--which should be repealed. The commission focuses on rules and regulations that are out of date, no longer useful, and otherwise unnecessary…

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentlewoman from the Virgin Islands will be postponed. Amendment No. 5 Offered by Mr. McNerney The Acting…

The commission is permitted, under this bill, to spend $30 million over 5 years for administrative purposes. By removing the funding in this amendment, the commission will not be able to hire staff, rent office space, establish the public…

This bill requires the commission to identify regulations that should be repealed. These are all regulations under the bill. While I appreciate my colleague from California's efforts in his amendment, I just cannot support it. The…