I am pleased to yield 2 minutes to the gentleman from Missouri (Mr. Luetkemeyer), the leading voice in Congress on trying to bring rationality to the SIFI designation and accountability to the Financial Stability Oversight Council, the chairman of the Subcommittee on Financial Institutions and Consumer Credit.
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As we saw in the last crisis, it is the average hardworking Americans that will suffer the consequences if Washington deregulates Wall Street mega banks again.
Congress needs to do its job. You need to write legislation with more specificity.
I would just point out again, all this bill does is extend for 6 months the current policies of the NFIP. Not one single policy of the NFIP is changed in this bill. Mr. Speaker, I yield such time as he may consume to the gentleman from…
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