Jeb Hensarling: “True consumer protection requires access to competitive, transparent, and innovative markets vigorously policed for…”

reduce taxpayers' risk, codify into law an explicit government guarantee, and increase market competition.

If we ignore that basic fact, we are willfully disregarding history, and we are bound to repeat history.

I am now very pleased to yield 1\1/2\ minutes to the gentleman from Pennsylvania (Mr. Rothfus), the author of two different provisions in S. 2155 to bring clarity to the complex capital rules and flexibility to our savings associations.

Tonight it is a privilege that I have to yield to somebody who has become a good friend and an excellent colleague, who has served with me, at my side, at the House Financial Services Committee, who will be leaving us at the end of this…