On the recordJanuary 13, 2015
I thank the chairman. It is really hard to believe that a package of bills that comes to the floor which individually passed the House 422-0, another bill passes by voice vote, another bill passes 414-3, have become so controversial--become so controversial why? Because they are about to become law and they should become law. These are smart, technical reforms to an overly burdensome law, Dodd-Frank, that are bipartisan. All of these bills have Democrat and Republican cosponsors, all of them have gained Democrat and Republican support in the committee and on the floor of the House, and these bills should pass. I want to thank Chairman Hensarling for his longstanding leadership in reining in out-of-control Washington regulators that are hurting small business and Main Street lenders. Mr. Speaker, smart regulations allow the private sector to innovate and create jobs while protecting taxpayers and consumers; however, one- size-fits-all regulations hurt the economy by treating small- and medium-sized companies as if they are large multinational corporations. No Main Street small business, manufacturer, farmer, or rancher caused the financial crisis; yet they are subject to thousands of new pages of regulations that were supposedly designed for big Wall Street firms. Mr. Speaker, that is not fair. That is why I have introduced this bill.…





