Jeb Hensarling: “I don't want to replow the old ground on financial institutions.”

I am pleased to yield 3 minutes the gentleman from North Carolina (Mr. Pittenger), the vice chairman of the Terrorism and Illicit Finance Subcommittee and the author of the FIRRMA bill before us.

May I inquire how much time I have remaining. The Acting CHAIR (Mr. Paulsen). The gentleman from Texas has 4 minutes remaining.

I think when decisions like this are made they probably should be made with the Legislative Branch of the Government because the issues are too significant for one human being on the planet.

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