Frank Lucas

I am concerned that this could increase the cost of hedging to end-users.

As you discussed earlier, and as you have consistently assured us, the Fed is not a climate-making policymaker.

However, I am concerned that the Fed could be heading in that direction and could be laying the groundwork for climate-related stress tests that would reduce access to capital for entire sectors of the economy.

We have seen, for example, this Administration turn to regulators to impose climate policy as an alternative to the legislative process.

This would also potentially open up the Federal Reserve to political pressure and force the Fed, in fact, to make policy decisions related to climate change.

I have often said that the role--that I view the role of Congress to do things for people, not to people.

The future of ag, energy, manufacturing in Oklahoma and across the country is dependent on tax and trade policies that work for these industries, not against them.

When you have literally the amount of dollars that have been allocated and are flowing through the Department of Energy and other Federal agencies, being able to oversee all of that...

We have got to have folks who can work with us to ask the right questions, to look in the right corners.

For us to be competitive in hiring and recruiting the staff necessary to enact our agenda, we have got to follow suit, and we have to increase our staff salaries if we are going to have competent people.

We cannot afford the economic, political, or national security consequences of falling behind the CCP.

I am a strong proponent of regular order, and I believe this process will pay off with increased transparency and more efficient spending.

I appreciate this opportunity to discuss the funding for the Science Committee today.

It is our aim to act responsibly when it comes to spending taxpayers' dollars, which is why these increases have been limited to only what is absolutely necessary.

It means fewer opportunities for American companies to compete in the global economy.

I'm very proud that Director Kim Budil is the Commissioner working with the council on developing the strategy for our Nation's future.

I want to be very clear about the consequences of allowing the Chinese Communist Party to become the world leader in science and technology.

They're outspending us, out-publishing us, and out-educating us when it comes to STEM PhD graduates.

I expect that global scientific leadership and competition with China will be a thread that runs through much of our upcoming work.

The CCP is determined to overtake us as the global leader in science and technology.

America's economic strength, national security, and our quality of life are all fundamentally dependent on our ongoing scientific progress.

This is one of the most important challenges facing us at the moment.

Public markets have enormous benefits to a wide range of investors and I will continue to support policies that strengthen public markets and encourage businesses to utilize public offerings.

Businesses use both private and public markets to raise capital, and the committee is dedicated to ensuring both avenues are healthy for both companies and investors.

I am hoping that we won't just be talking about 30 bills, but even more with Democratic chief authors.