I believe I can say we would be concerned with that type of lending activity.

I have introduced legislation, H.R. 6125, to ensure that information can be shared among regulators in a manner that ensures confidentiality and privilege protection stay in place.

What I think we would like to see is the creation... of a Federal agency that can issue very robust guidelines.

Do the financial institutions that you regulate which offer short-term, low-dollar loans require the borrower to have above-average credit?

I was a small business owner. I understand wholeheartedly.

If I came to your office before your semester started and I threw 2,300 pages in front of you... that would bring some uncertainty to you, wouldn't it?

I believe the statutory change is preferable.

This is one of the reasons I joined my colleague from Colorado, Mr. Perlmutter, on H.R. 6125.

I supported Representative Huizenga's efforts in H.R. 4014.

I think that Congressman Renacci--sorry--I really want to compliment you on focusing in on that issue, because I think that is a very, very important issue to allow us to really work together and be as effective and efficient as we can.

So how do you--so then you bid these out to a third party. How do you decide--I know it is to the highest bidder, but--