MICHAEL GRIMM

Would you agree that if the E.U. does this exemption, it would limit the competition in services for U.S. businesses in an undesirable way?

I am very concerned about the risks that the Fed's rapid balance sheet possesses to the stability of the Fed.

The American people were told when Dodd-Frank was signed into law that they could rest assured these regulatory failures were going to be a thing of the past.

The subprime loans were sold to Fannie Mae and Freddie Mac, sold to the government, which put taxpayers at massive risk.

What makes us the United States and makes us great and gives us an innate advantage over most countries in the world is that rule of law.

I don't think that is a diplomatic thing to do. I think that Argentina has been emboldened by this amicus brief.

I have said many, many times that if we don't get housing moving again, the overall economy is not going to get moving again.

It is something that we should be focusing on together, not using it as a political wedge, but rather as a common ground to bring the parties together.

Smaller banks can't compete--they can't keep up with the administrative costs of all of the rules and regulations.

I think this is a perfect example. Right now, the way it is, we are giving an incentive for people to get in their cars, single occupancy in cars, as opposed to using public transportation. That seems backwards to me.

Science has to catch up with it, but I think an 'all of the above' approach is what we should be doing as well as R&D.

That is not a real alternative. That is the Government just paying for something because we do not have the alternative yet.

I believe a dramatic rate increase like that will discourage investment and entrepreneurship.

I am concerned that the President's proposed budget for 2013 could lead to massive increases in capital gains as much as--I think as much as triple, from 15 percent to almost 45 percent.

It is imperative that we ensure that new rules being implemented under Dodd-Frank do not subject American firms to double, and, in many cases, redundant regulations on overseas transactions.

the CFPB, created under Dodd-Frank, I think is a classic example of an ever-expanding Federal bureaucracy.

I think the Volcker Rule is a terrible idea, and I think it should be repealed.

Do you understand at least the frame of mind, that they feel they are being punished for something they had nothing to do with?

The accountability is one of the biggest issues we have. It is one of the reasons I ran for Congress because I felt that no one is held accountable.

And if you think a bureaucracy is going to make things more efficient and more effective, then you probably should be medicated.

I think we forget that hundreds of thousands of jobs in Indiana, Ohio, Pennsylvania, and other places were all lost due to the extraordinary destruction caused on Wall Street, due to the extraordinary destruction caused by derivatives and…

I believe it is clear that many of the regulations put into place by Dodd-Frank and Title VII in particular are playing a part in these job losses.

Millions of Americans rely on income from employer pension plans during retirement, and managers of pension plans have a duty to prudently manage their portfolios in order to meet their long-term obligations to employees and retirees.

Would you say that the extremely high unemployment rate is solely due to the financial breakdown?

It is the number one issue I think we face in this Congress, to try to jump-start the economy and put people back to work.