My friends, and I mean 'my friends' on the other side of the aisle want to do away with any reform that we put in place because of this colossal historical financial debacle that we have gone through beginning in 2008.
Stephen Lee Fincher
The Public Record
I do applaud the sponsors of H.R. 4624 for putting forward a thoughtful approach to improving investment adviser examinations.
Today, I rise in order to honor Coach Pat Summitt. Pat Summitt is most well known for her coaching career with the Lady Volunteers at the University of Tennessee at Knoxville, but her basketball legacy at UT began long before she won her…
I will guarantee you one of the greatest threats is that leverage ratio, and I wonder how we are building a team without a COO who can state in one word what she believes is the greatest risk to financial stability that we face.
If you find a little bit of testiness coming from this side of the committee, understand it is because we think you are walking past the Constitution, whistling past the graveyard.
This is taxpayer money, and when people back home see that this is happening... it just upsets them.
I thank the chairman for his leadership and patience in working with us freshmen the last year, year and a half. I'm pleased to be the lead cosponsor of H.R. 3606, the Jumpstart Our Business Startups Act with Congressman John Carney from…
I thank the gentleman for yielding. I appreciate Mr. Peters' concerns, but this is about the private sector creating jobs. As we've been here as freshmen for a year and a few months, we have to remind ourselves in this body that jobs are…
I thank the gentleman from Texas. It seems like the gentleman's amendment is trying to confuse the recent sharp rise in gas prices with the purpose of this bill, which is to provide emerging growth companies with a temporary break from…
I thank the gentleman for yielding. Mr. Chair, I rise in opposition to the gentlelady's amendment. Again, our goal here today is to help America's start-up companies grow, raise capital, create jobs. The amendment offered by the gentlelady…
I thank the gentleman from Texas for yielding. The SEC already provides smaller reporting companies with an additional year to comply with executive-compensation disclosure and say-on-pay vote compliance. This bill would simply extend the…
I want to be clear: This bill is about new companies, not existing companies, but about new companies that are wanting to go public. The $1 billion revenue and $700 million in public float thresholds for emerging growth companies in the…
I thank my colleague from Texas for yielding and keeping the main theme the main theme--jobs and the economy. As an original cosponsor to H.R. 3606, the Jumpstart Our Business Startups Act, I rise in support of this rule. Since last year…
I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 3, line 18, after ``(80)'' insert the following: ``Emerging growth company.--''. Page 9, line 3…
With that, I yield back the balance of my time. The Acting CHAIR (Mr. Bishop of Utah). The question is on the amendment offered by the gentleman from Tennessee (Mr. Fincher). The amendment was agreed to. Amendment No. 2 Offered by Mr…
I want to thank the gentleman from Texas for yielding. I stand today heartbroken that something that we've meant for good here--myself and my colleague, Mr. Carney--a JOBS Act would be tied up in some heated rhetoric. I want to urge my…
I thank the gentleman for yielding. I want to thank my colleague, Mr. Carney, for his hard work and his staff for helping work on something good for the country, for the private sector, getting people back to work. That's what we were sent…
Before the Dodd-Frank Act was passed, there were seven different Federal agencies that had partial responsibility over consumer protections.
I want to point out that since 2008, the Fed has diverted, really diverted $868 billion to Barclays, that is a British bank, without any hearing, without any oversight on our part.
What bothers me is looking at the Fed filings, first of all, five U.S. banks control 95 percent of all the derivatives trading that is going on.
If you need an example of how this bill would increase systemic risk to the American economy, look no further than AIG.
The answer is not to reduce the standards to protect those banks that are weak.





