Mr. Chairman, I yield myself 30 seconds just to say, with regard to the gentlewoman's anecdote, if the gentleman engaged in fraud, apparently, he went to prison. Fraud is against the law, and people who perpetrate it should be in prison. Apparently, they are, and nothing in this bill changes that. I was also struck by the previous speaker from the Democratic side who cited all of these constituent priorities and who didn't once mention the plight of middle-income workers, who are falling behind, whose paychecks are stagnant, and whose savings have been decimated. The National Small Business Association has found that 20 percent of small businesses had to reduce the number of employees as a result of tight credit. That is why we are working to get access to capital for small businesses. Mr. Chairman, I yield 3 minutes to the gentleman from New Jersey (Mr. Garrett), the chairman of the Capital Markets and Government Sponsored Enterprises Subcommittee of the Financial Services Committee, and who also happens to be the author of H.R. 4852, the Private Placement Improvement Act.
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Mr. Speaker, I yield the gentleman from New Jersey an additional 30 seconds. Mr. MacARTHUR. Mr. Speaker, we cannot pull the rug out from underneath the people depending on this program. I will continue to work with the committee, with our…
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