Through legislation like the 21st Century Cures Act and recent appropriations bills, Congress has worked to strengthen our Nation's investment in medical research.

The individual mandate has not worked and millions of Americans are not buying into the notion of Washington-controlled health care.

The President's budget does not cut $1.5 trillion from Medicaid.

The Senate will need to come up with its own health-care reform proposal that includes a fundamental fix to Medicaid.

Obamacare is failing the American people, delivering high costs, few options, and broken promises.

We have three outstanding nominees that your Committee will be hearing from today, and I am delighted that your Committee is doing so.

I think that is entirely achievable, and it is a very important goal.

I remain deeply concerned that the way this entity was structured has left it completely unaccountable.

I want to make another point. Isn't it also the case that over the last certainly number of decades we have had a dramatic transformation of the ownership of American companies, a democratization, if you will?

One of my criticisms of the SEC in recent years is that it has not done a good job on the capital formation portion of its mission.

For decades the U.S. capital markets have been the envy of the world, the deepest, broadest, most accessible markets anywhere ever, but that our lead is diminishing.

I think you are an outstanding choice based on your background, your expertise, the knowledge.