Tom Rice

Even though it is the law?

But if you are a small 7-Eleven or a small convenience store and the bank takes your money and says it is your fault.

The result of that is that household incomes are stagnant. They have actually dropped 8.7 percent since 2007.

Barack Obama has added 120,000 new regulations on small businesses in six years.

This regulation, this new regulation from what I read in this memo here will affect 1.8 million people.

This is a horrifying statistic, and it bodes very poorly for our children and our grandchildren.

So to say that a 'one-size-fits-all' across the country is something that is justifiable is absolutely absurd and ludicrous, and by any standard it is ridiculous.

It seems that the Obama Administration is just on a direct course to let us force everybody in the country to part-time jobs.

We are drowning these businesses in regulation.

I think that this law is going to be one more nail in the coffin.

And now we are going to pile more regulation on these businesses, and we are going to smother that very opportunity.

I find this really interesting.

I hear 'ability,' but should they not be required to notify me before they start declining my card on in-person transactions because some guy in Russia is doing Internet transactions for $14 to Vonage?

What I am worried about is you are going to come up with something greater two years from now that they are going to be required to do that or there will be a liability shift.

My time is up. Thank you very much. It has been certainly educational.

The chip cards only help for in-person transactions; right?

The CFPB's primary focus should be on regulating the unregulated bad actors, not creating new burdens for good actors like credit unions.

the burdens created by Dodd-Frank are causing many small financial institutions to merge with larger entities or shut their doors completely.

We believe the NCUA should use their authority to return back to the 18-month exam cycle for healthy and well-run credit unions.

This is how far we have gone. This is how far over the top this agency has become.

the small guys, who did not create the problems, are the ones who are suffering.

Thank you, sir. We are going to have to wrap it up. Thank you.

I think we vastly diminished access to capital in this country and we need to deal with it or it bears poorly for our economy.

My amendment withholds funding for permitting of offshore oil exploration until the Secretary of the Interior reaches revenue-sharing agreements with coastal States. The Bureau of Ocean Energy Management's 2017-2022 Outer Continental Shelf…

I have an amendment at the desk. The Acting CHAIR. The Clerk will report the amendment. The Clerk read as follows: At the end of the bill (before the short title), insert the following: limitation on use of funds for offshore oil and gas…