Jeb Hensarling: “I just want the House to, again, focus upon what this underlying bill is all about, a most modest and bipartisan effort…”

“I just want the House to, again, focus upon what this underlying bill is all about, a most modest and bipartisan effort to simply ensure that the CFPB, perhaps the single most powerful and unaccountable agency in the history of the Federal Government, has some people to represent the voices of our small- business people, those that are being so harmed as we are losing a community financial institution a day in America, a community financial institution that helped fund our small mom-and-pop restaurants, our automobile transmission repair shops, a farmer, a rancher, all of our small businesses. All we are asking is that we have that council available, and what started out as a bill that came out of our committee 53-5, unfortunately, yet again, there were some of my friends on the other side of the aisle who were for it before they were against it. We will have very substantive debates on the issues dealing with the CFPB, but this one is a very modest one to have small business council, one that the Congressional Budget Office says will not cost trillions, will not cost billions, will not cost millions, but actually a figure we rarely hear around here, Mr. Speaker, thousands, on an annual basis, thousands. We should reject the motion to recommit. There is no reason to include it.…”