Jeb Hensarling: “And I think this is a perfect example of why you need to delegate decision-making to the Federal Reserve.”

Texas has been a great place to do business for decades, but increasingly it's a great place to headquarter your business.

So if that is permitted right now then I am going to raise my hand at the board meeting when the senior vice president for credit administration comes in with this big gobbledygook proposal and says, 'Hey, I like it. That is fascinating…

The last piece of that puzzle was the Texas Stock Exchange.

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…