Frank Lucas: “I would like to thank you and Vice Chairman Bera for holding this hearing, especially given that we are in the middle of…”

The fact is the inflation is still running above the Fed's 2-percent target.

Before I yield to the gentlewoman from Iowa, I will simply note that like all legislative processes with the signature of the President on this piece of legislation, it will supersede the appropriated law. It will be straightforward. Mr…

Thank you, Mr. Chairman, and thank you, Ranking Member, for holding this hearing, and the witnesses for agreeing to testify.

I have spent much time screaming about the potential impacts of the Basel capital requirements on the American economy.