Frank Lucas: “Although it may not have been perfect, Congress included an exemption in Dodd-Frank for end-users from the margin…”

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

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

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

Folks back home are always very concerned about inflation and the period we have gone through lately.