I do not think at the end of the day, Congress wants to see net revenues to the U.S. Government go down as a result of tax policy.
Paul E. Kanjorski
The Public Record
I am not convinced that there is a workable systemic regulator solution that would provide the net benefit to our economy going forward.
Because some of my colleagues will probably ask our witnesses to explain their enormous bonuses being issued in a time of great national suffering, I will not do so.
Yes, you have. As the title of the section indicates, the intent of this section is to promote economic growth by encouraging small business development in underserved urban and rural communities. We want to help businesses and business…
Yes, the provision would exempt from the cap those loans that are used to support business operations in an underserved area in order to stimulate economic growth in these areas.
I rise to applaud the President and the bipartisan House leadership for quickly coming to an agreement to stimulate the economy through legislation that is timely, targeted, and temporary. The bill before us today contains an important…
I've long said that predatory lending is a complex problem that requires a comprehensive solution. The adoption of my amendment will make this bill more complete. This amendment is based on the Escrow, Appraisal and Mortgage Servicing…
I rise in support of H.R. 2761, the Terrorism Risk Insurance Revision and Extension Act. Because the supply of terrorism reinsurance has not returned to its pre-September 11 levels, we must now act to extend TRIA before the law expires on…
simply stated, my amendment would ensure a continued independent public voice in the corporate governance of Fannie Mae and Freddie Mac. This amendment also has the support of the National Association of Home Builders and the National…
this amendment is drawn for the purposes of clarifying the process used by the new regulator's advisory committee to recommend candidates to serve as independent directors on the boards of each of the Federal Home Loan Banks. This proposal…
I rise today to join the overwhelming majority of American people, the Congress and many top U.S. military commanders to voice my opposition to President Bush's ill-conceived plan to send more American troops into the middle of an ongoing…
I think I have the right to close, so I will reserve my time. The Acting CHAIRMAN. The gentleman from Louisiana (Mr. Baker) has the right to close.
I am generally pleased that the passage of this rule will make in order a substitute to H.R. 2990. I nevertheless rise to express some concerns about the rule, as well as to articulate some of my apprehensions about the underlying bill…
I offer a substitute amendment. The Acting CHAIRMAN. The Clerk will designate the amendment. The text of the amendment is as follows: Amendment No. 2 offered by Mr. Kanjorski: Strike all after the enacting clause and insert the following…
I think there are good intentions on both sides of this issue, and unfortunately, I find it to be an extremely complicated issue and, most of all, not a sexy issue, as you can see by attendance on the floor. I doubt whether 5 percent of…
I rise in order to express some thoughts on the amendment, but I do not intend to oppose the manager's amendment itself. The manager's amendment, Mr. Chairman, makes a number of technical changes in the bill, improving its precision…
I rise in support of the Terrorism Risk Insurance Revision Act. The terrorist attacks on the World Trade Center and the Pentagon altered how we each assess risk. This adjustment was especially apparent in the insurance industry. Terrorism…
I yield 2 minutes to the charming gentlewoman from Florida (Ms. Wasserman Schultz).
I think we have debated a tough issue. I am sure there are people on the other side that understand why we feel so strongly on this faith-based issue. We have maybe a chance to resolve this and come out of this House with a resounding…
as the leading Democratic supporter of H.R. 1025, I rise today in strong support of the Mortgage Servicing Clarification Act. It is a good piece of legislation that will fix a technical problem under existing law. Under the current Fair…
I do not want to see an end to venture capital in the Silicon Valley, and my argument is that this is greatly overblown. Here is the argument; we have just heard it. We have this very valuable resource in America, these high-tech…
Mr. Chairman, the Kanjorski-Castle-Dingell-Maloney-Emanuel substitute is simple in its structure and intent. In short, it would replace the current text of H.R. 3574 with language designed to preserve the independence of the Financial…
Mr. Chairman, we are unfortunately meeting today to consider the Stock Option Accounting Reform Act. This bill would begin the process of repealing the reforms we enacted in the historic Sarbanes-Oxley Act just 2 years ago. As I repeatedly…
does the gentleman share with me the understanding that the FTC's public awareness campaign is to be designed to increase public awareness, not only of the right to opt out of receiving prescreened solicitations, but also of the benefits…
Mr. Speaker, with approximately 95 million investors and $7 trillion in assets, mutual funds constitute a major component of our securities industry. Mutual funds became a dominant force in our capital markets because they have…





