I find it very, very disturbing to even seriously consider moving in that direction, and I hope we could talk about some of the potential risks of negative interest rates.

isn't it also true that there is an internal memo at the Fed from, I think it was, August of 2010 that raises doubts about whether the Fed has the legal authority to impose negative interest rates?

The intention of our bipartisan legislation is to stop fraudulent diversion and help improve the quality of care for those who are addicted.

The Banking Committee has not in 13 months held a single hearing on strengthening consumer protections.

I have been advocating that the Fed normalize interest rates for a long time now.

And if banks resist that, then that just means their margins are crushed.

If we have learned anything from the crisis, it is that Wall Street encouraged behavior that caused the crisis at a steep price to American homeowners and American renters.

Instead of conducting oversight hearings to push for implementation of the Wall Street Reform Act, we all remember when President Obama signed Dodd-Frank that chief financial services lobbyists in this town said, 'Now it is half-time,'…

One of my deep concerns is that central banks around the world, very much including our own, seem to be trying to compensate for an inability of the political class around the world to address what is really holding back economic growth.

We would be happy to work with you on this legislation, as a very similar proposal is included in the President's FY17 budget.

I could see an adverse effect on business investments. Investors would be pressured to move further out the risk curve, even further than they have already been pressured.

We were failing in our statutory obligation and an obligation based on decency to do a budget.