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

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

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

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

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

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

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.

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

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.

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...

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

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

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

Last year, along with Mr. Huizenga, I introduced a bill that would help those companies get capital and then put their capital into small businesses.

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.

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.

What we need is for our banks to able to have a portion of their loans, a portfolio with some risk of default and some risk of loss.

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

It has been nearly a year since the invasion of Ukraine, and the ongoing war has brought the U.S. and our allies together in a series of unprecedented economic sanctions against Russia.

Fair point. Chinese state-owned banks are used to expand China's One Belt One Road Initiative and regularly saddle unsustainable debts on developing countries.

Absolutely, Mr. Chairman, and I want to thank our witnesses for offering their expertise, and I thank you for holding this important hearing.

Reclaiming my time, I thank the gentlewoman for her remarks in agreement. We both share the understanding that instead of banning PFAS, this bill focuses on education, understanding, and knowledge of these chemicals. Specifically, it will…

I thank my friend for yielding me this time. Mr. Speaker, I rise in support of the SBIR and STTR Extension Act. This bill is extremely timely, as the authorizations for these programs expire in just a few days. I am pleased that the bill…