It is a privilege and an honor to be representing the First Congressional District of New Hampshire, where the first ever credit union was founded in the United States.

I do believe that the first step to reform is transparency.

It is time to open up the books and take a look at what the Fed is doing.

If our growth rate under President Obama was simply average, it has been reported that our GDP would be $1.9 trillion larger today.

I have clearly seen the harmful effects of Dodd-Frank and the effects that it has had on community financial institutions.

Ironically, they are the agency that is supposed to protect consumers, but the guidance would in fact, in my view, harm them.

It has been over 2 years now since the CFPB issued their flawed auto lending guidance, a guidance that was issued without allowing a public comment period, which I find a bit unusual.

I am hearing again that the problem in the American economy is too much regulation.

Did unions get special treatment in this bailout, yes or no?

I find it somewhat offensive that people in this Committee... feel that only the Federal Government could act to save the private sector.

There are a lot of people in this Country that disagree with that assessment.