We have discussed that, but a number of small community banks said, 'We are going to get left off this system. It is going to hurt our net revenue.'
Editor's note · Context
Hensarling expresses concern about the impact of regulations on community banks.
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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.
Mr. Speaker, I yield 2 minutes to another gentleman from Texas (Mr. Williams), the vice chairman on the Monetary Policy and Trade Subcommittee of the Financial Services Committee.
Mr. Speaker, may I ask how much time I have left? The SPEAKER pro tempore (Mr. Bacon). The gentleman from Texas has 7 minutes remaining.
Mr. Speaker, I rise tonight on behalf of the Financial Services Committee. Mr. Speaker, it has been my great privilege to have the responsibility to chair this committee for the last 6 years. I take no pride on behalf of myself, but I take…





