As we sit here today to discuss an important milestone in our efforts to reform our banking institutions and financial system...

I personally have no doubt that there are impacts, significant impacts on prospective home buyers.

We know from January 2007 to December 2011, 4 million American households lost their homes through completed foreclosures.

I certainly agree with you that today we hold a very important hearing, given that the QM rules were finally--became effective last Friday.

For CBC members, the power is seniority.

There is no doubt in my mind that our community and financial institutions need regulatory relief.

The Dodd-Frank Act, in my estimation, is a remarkable comprehensive and complex bill that was clearly needed to adjust the excesses of our financial markets.

Indeed, community financial institutions are crucial to our Nation's economy, and they are the primary source of credit for millions of Americans in underserved and rural areas, and for many local businesses.

I would like to voice my support for all the initiatives on today's markup but I would like to thank, in particular, Chairman Royce and Ranking Member Engel for working with me on House Resolution 402.

Mr. Speaker, really I felt compelled to come because let's really talk about what this is. This is the 44th time to try to deny people access to health care. That is what it is. If you listened to some of my colleagues, you would think…

We forget sometimes that it wasn't this Administration, it was the prior Administration that drove us into the worst recession since the Great Depression.