I have had a number of concerns with this Administration's approach to combating ISIS.
Scott Garrett
The Public Record
Member of the United States House of Representatives from New Jersey
Not only do I find that appalling, but obviously from a bipartisan perspective, members from both sides of the aisle find it appalling that more information does not come out and the transcripts do not come out.
Designating more private companies as too-big-to-fail and turning their regulation over to the Federal Reserve and its ever-growing safety net, if you will, is not going to solve the problems of taxpayer exposure to the financial system.
I find it difficult to believe that the SEC will know where to draw the line better than each individual investor.
The Obama Administration officials and their appointed regulatory cheerleaders need to stop putting political politics above the rule of law.
Far too often during the span of this Administration, it appears that supposedly independent regulators use their position to carry out heavy-handed partisan political attacks.
I never thought that I would agree with the former chairman, Henry Gonzalez, about doing an audit of the Fed.
This legislation codifies the common-sense principle of using a rules-based approach when determining monetary policy.
We must lift the veil of secrecy and ensure that the Fed is accountable to the people's representatives.
But why would we want to extend the taxpayer subsidy and bailout safety net to capital markets and asset management?
I agree with the testimony of Professor Coffee that this committee seems to be rushing from the first Jobs Act to kind of a 'Jobs Act II,' without fully understanding the consequences of the first law.
Dodd-Frank bestowed almost limitless powers to the banking regulators, and especially to the Fed.
Basic math dictates that you cannot fix the debt problem until you get your budget under control.
The government's rulemaking assembly line continues to bury American job creators with an avalanche of red tape.
You are continuing in the pattern of this Administration of not answering simple yes-or-no questions.
I have been quite disturbed at this Administration's clear pattern of stonewalling anyone who dares shine the light of day into the inner workings of this Administration.
The answer is zero. And the reason the answer is zero, sir, is because it would take money away from people who did not get their own money.
This legislation and the statute was intended--its very purpose was to protect the small investor.