Nothing got done last Congress on this... because there is no willingness to have a bipartisan conversation.

I see this as a problem... for my constituents and for my colleagues' constituents.

This is part of their broader goal to dismantle the financial system as we know it.

I am hard-pressed to find a worse idea, frankly, than to federalize and, ultimately, socialize credit reporting in this country.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

A massive new government-run database of consumers' personal financial information would be a sitting duck for bad actors.

Can you imagine the IRS, the Post Office, or the DMV compiling and maintaining your credit report?

The government should not be the central repository for all financial data available on its citizens.

Let's not create a new problem... a government-run agency.

We can all agree that the credit reporting industry is in need of reform.

I think it is important that lawmakers be informed. I think that is a very important thing for us to be apprised of both the advantages and the risks of a U.S. central bank digital currency.

They have no clue where that $46.6 billion in aid is, or how it is being used. This is an abject failure by the Biden Administration.

Frankly, today's hearing is about creating a brand-new, massive, open-ended Federal entitlement program for 'universal' housing vouchers.

It is ironic that we are here today to discuss another bad Democrat housing proposal when we really need to be focused on cleaning up the Biden Administration's latest mess.

Look, last year Congress provided $25 billion in emergency rental assistance.

To be clear, creating a universal housing voucher entitlement does nothing to increase the supply of rental housing.

My colleagues on the other side of the aisle want you bank CEOs to focus on political activism instead of doing what your institutions do best.

Democrats seem to have other priorities. Their so-called American Rescue Plan actively discouraged people from returning to work.

Let's show that we can actually get back to work and be an example for the American people.

We need to show the American people that we can safely re-emerge.

Today, committee Democrats will push for more regulation, which ultimately will discourage companies from going public.

Your quick and decisive actions to provide appropriate flexibility for financial institutions and consumers set up for us a very strong economic rebound here in the United States.

Indecision has real-world consequences.

We learned that everyday Americans have a newfound interest in the markets, and that is positive.

If a State as liberal as California can recognize that a one-size-fits-all mandate on gig workers would be destructive, it should be obvious that the Biden Administration should not take those same actions.