Robert Pittenger: “I was unavoidably detained. Had I been present, I would have voted ``yea'' on rollcall No. 249. ____________________”

I think we need to step back and reassess the CFIUS process and make sure it is optimized for the world of today and tomorrow.

I recognize the impediments that have been placed upon the banking industry today--in North Carolina alone we have lost 40 percent of our banks--and truly restricting credit and capital, particularly in the rural communities which I serve.

Today I introduce the No Abortion Bonds Act, to end Federal tax-exempt bonds that support abortion providers. Under a loophole in the current law, cities, counties, and States can issue Federal tax-free bonds to finance construction of…

I thank my good friend and chairman of the Financial Institutions and Consumer Credit Subcommittee, Mr. Luetkemeyer, for his active work on this important legislation. In the aftermath of the financial crisis, the Basel Committee expanded…