Hon. Michael G. Oxley

September 11, 2001, will go down in history as one of the most tragic days in American history as a foreign terrorist network unleashed a devastating attack against our Nation, killing or injuring thousands and causing greater insured…

let me first say to my friend, the gentleman from Illinois (Mr. Hyde), and to all of the participants in this historic debate how much I appreciate their leadership and their ability to debate this issue in a very courteous and effective…

let me first recognize the gentleman from New York (Mr. Fossella) and the gentleman from North Carolina (Mr. Watt) for their leadership on this very, very important issue. The whole concept of taking terrorist assets that have been seized…

I rise today to support the Trade Promotion Authority Conference Report. I would like to thank the distinguished Chairman of the Ways and Means Committee, Mr. Thomas, for crafting this balanced and fair legislation. Trade Promotion…

we indeed, I would say to my friend from New York, have come a long way. This has been quite a journey. The gentleman from New York pointed out that we had first gotten that jurisdiction in the new Committee on Financial Services last…

I bring to the floor today a tough, sensible conference report that responds in a measured way to the very real crisis of confidence among America's 85 million investors. I am proud of the result we have reached. We act with the assurance…

Mr. Speaker, having just seen this document, the motion to instruct, I would have to say to my friend, the gentleman from Michigan, that most of the issues that he talks about in his motion I have a great deal of empathy for. Certainly the…

I would literally be the last person in this Congress to cut FBI funding. In my estimation this does not do that. Those fees, the cost to the SEC comes out of those fees; and I want to make certain that that is the case.

I point out that since the mid-1990s, as the gentleman knows, the SEC has been funded through section 31 fees and other fee operations. During our debate on the legislation that reduced the fees, we came to understand that, clearly, those…

I simply point out that I do not think at the end of the day that this is going to be an appropriations issue. It will be an issue that those fees will generate the amount of money necessary to run the SEC. That is what the legislation…

I rise to support H.R. 4846, the Silver Eagle Coin Continuation Act of 2002. The American Silver Eagle coin is truly a coin for the bullion market. It was authorized by Congress in 1983, spurred partly by the success of the Canadian Maple…

Mr. Speaker, the Securities and Exchange Commission Authorization Act of 2002 authorizes important new resources for the Securities and Exchange Commission for fiscal year 2003. I would like to commend the ranking member of the Committee…

I am proud to hold the coveted Roll Call trophy for the victory last night at Bowie Baysox Stadium, where I want to thank our good friend, the gentleman from Maryland (Mr. Hoyer), the host of the evening, for a wonderful time, the 41st…

I rise today to support the 30-day extension of Ex-Im's reauthorization. Let me take a few minutes to outline for my colleagues why this extension is so critical. Without this 30 day extension, the Ex-Im Bank will not be forced to close…

the first provision in the amendment which deals with removal of unfit corporate officers is more appropriately addressed in the underlying bill. CARTA, the bill before us, gives the SEC the authority to administratively bar directors and…

Mr. Chairman, as we have heard throughout this debate, H.R. 3763 is a tough bill which imposes much-needed reforms in the areas of auditor and corporate responsibility and accountability. The legislation ensures that investors in America's…

I would welcome my friend from Ohio to the conservative ranks if I really thought this amendment was conservative in nature, but it is hardly that. This is a big government solution. It is a one-size-fits-all solution. It is essentially…

Mr. Chairman, I thank my friend, the gentleman from Massachusetts (Mr. Capuano), a fine member of the Committee, for his good work on this amendment. I rise in strong support of it. By clarifying that at least two members of the…

Under the legislation, the SEC or the PRO could consult or contract with private sector regulators and companies to get the necessary insight as well as the systems and processes to get this organization on its feet in a timely manner. I…

We are giving the SEC the tools to oversee this new PRO, but it is going to be funded by the private sector.

Today, the House turns to H.R. 3763, the Corporate and Auditing Accountability, Responsibility, and Transparency Act. To my colleagues on both sides of the aisle, today we must act. We must act for our Nation's investors, retirees, and…

Mr. Chairman, this manager's amendment clarifies the language in a few portions of the legislation to give greater effect to the committee's intent in reporting out H.R. 3763. The amendment clarifies that certain terms used in the bill are…

the legislation the House considers today represents the Financial Services Committee's continuing efforts to modernize America's laws so that they promote economic growth and the free market. Today's legislation is but one of many needed…

the problem of counterfeiting of currency is serious and getting worse in a number of places throughout the world. Terrorists, rebels and drug traders seek more money with which to ply their deadly trades. Some seek to destabilize…

we have all witnessed the amazing growth of the Internet as it has become embedded in the U.S. economy in what seems like just a few short years. Businesses, schools, and home users are demanding faster, more dependable service. It is…