"I firmly believe that we must enact many of the important reforms contained in the CHOICE Act."
"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."
"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?"
"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?"
"I agree, and I think Florida has been a good example of that."
"Now we know that Wall Street is doing just fine and Main Street is not."
"It seems to me that we need to narrow the Fed's mandate on this when we know that we have a common goal."
"Interesting, of the four non-bank financial institutions, three, of course, were insurance companies..."
"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 ..."