Frank Lucas

As long as it is not contrary to the commitments we have given to the other entities.

Consensus is key. Is using this model the only way to promote a lasting and resilient capital framework?

There is significant concern about the lack of transparency in the Basel Committee's internal proceedings.

A country that cannot feed itself cannot defend itself.

A strong, healthy, vibrant rural America and production agriculture is a key to our national security.

The U.S. banking sector is among the most highly-regulated sectors in the country.

I have no further speakers, and I yield myself the balance of my time. Madam Chair, I simply wish to say that I have the greatest respect for the ranking member of the Financial Services Committee, but I would note we simply disagree on…

Unfortunately, the Fed is proposing to undermine the work done by Congress and this Committee and to cause disruption in the U.S. derivatives market.

The proposal would have significant consequences for the health of the U.S. derivatives market.

The Basel Endgame proposal had not yet been proposed by the banking regulators.

Congress has a long history of broad bipartisan support for not disadvantaging end-users, including in Dodd-Frank.

It should be concerning that Iran has been able to boost output in the face of U.S. sanctions, generating billions of dollars that can be directed towards militia groups across the Middle East.

Unfortunately, both of the proposals from the Federal Reserve will drive up the cost of hedging for end users.

Climate change poses a major risk to the stability of the U.S. financial system.

It is worth noting that the Chair of the Financial Stability Board's Task Force is an individual who has spent hundreds of millions of dollars on campaigns to shut down American energy and chemical businesses.

Ultimately, I suspect that this will bring cost onto you and every other farmer and rancher in the United States.

There are a lot of companies who are saying, I don't want to disclose these risks because I can't attract capital.

The Chinese Communist Party is actively soliciting international partners for a lunar mission, a lunar research station, and has stated its ambition to have astronauts on--human astronauts on the surface by 2030.

We have a responsibility to not only our constituents, but the international community to see that Artemis is executed in a timely and fiscally responsible manner without sacrificing safety.

I'm confident that I speak for everyone on this Committee when I say we all support Artemis.

That conference committee that created Dodd-Frank was the most fascinating process, where the House work product was dropped in the trash can.

I was a member of this committee during the oversight hearings held to examine the extraordinary market movement back in 2010 known as the, 'flash crash,' in which the Dow Jones lost nearly 600 points in just 5 minutes, before recovering.

The House will vote this week on a Congressional Review Act resolution of disapproval to the CFPB's rule on small business lending, led by my colleague, Chairman Roger Williams.

As you know, the House will vote this week on a Congressional Review Act resolution of disapproval to the CFPB's rule on small business lending, led by my colleague, Chairman Roger Williams.

We would suggest, Director, that with the vote in the United States Senate and the efforts of Chairman Williams here in the House, Congress is going to send a very clear signal to you about how to address these issues.