Thom Tillis

We wanted to commend Senators Thom Tillis and Gary Peters for sponsoring the Fostering Innovation Act in the Senate.

Thank you, Mr. President. I would like to acknowledge that the Senator from Pennsylvania has made a number of good points on the subject of Russia and the way we need to go with Russia. People have asked me about what I think about Mr…

If people look at it and within their hearts they truly want to keep families together, Congress needs to fix this problem.

I would like to see that rhetoric go from this Senate Committee to the floor where we have a solution.

It is the Congress that can solve that problem, and once we pass that bill, in your current capacity, we would expect you to figure out how to implement the policy.

The reality is I think that it is the first agency of its kind that is not accountable, arguably, to anybody.

I think that you in your opening testimony talked about an increased number of equivalent agencies in the global markets.

It is frustrating to me to see the passion expressed about certain issues in this Committee and an absolute vacuum in the chamber where we can actually produce a result.

I think if you look up 'defang' in the dictionary, it has something to do with taking the fangs out of a snake to make it less poisonous or less threatening.

Thank you, Chair Collins and Ranking Member Casey, for requesting the hearing.

But when we were out there, we talked about what more we can do to really provide more opportunities for a lot of people who want to work.

First, I want to welcome you all.

If there is no further business to come before the Senate, I ask unanimous consent that it stand adjourned under the previous order. There being no objection, the Senate, at 6:49 p.m., adjourned until Tuesday, July 10, 2018, at 10 a.m…

Is not it really true that right now we have a duopoly between Glass Lewis and ISS? Do we have any real concept of competition in this space?

But once we implement CFIUS, which will be negotiated out in the NDA conference and you close some of the gateways through the CFIUS process, then people are going to be looking for other ways to actually influence U.S. businesses.

IPOs give companies crucial access to our capital markets, and yield the potential to create thousands of jobs. When private companies consider going public, we should be doing everything possible to make this process easy and to encourage…

We do not have a very healthy flow of public offerings in the United States.

It does not make sense to me.

The banking reform act that the Chair did such a great job of getting through this Committee and getting to the President's desk I think provided much-needed relief for the lower base of what I call the 'banking ecosystem,' the community…

I think if you listen to the comments of colleagues on both sides of the aisle, you have done a good job of putting together for consideration measures that generally have support from both Republicans and Democrats.

I cannot imagine that half the community banks in North Carolina would be gone purely because they were good acquisition targets.

We are not talking about going to no regulation. We are talking about really taking a look at the nature of the business activities in these institutions.

I saw President Erdogan from Turkey on Bloomberg this morning who was talking about he needs to be the ultimate person deciding some monetary policy or interest rates in Turkey.

I appreciate you all continuing to be independent on that scale. I think that is a very vital role that you play.

With that approval, I will pass it over and thank Senator Lankford for his hard work--he has been aware of this issue from day one--and collaboration on it.