Jeb Hensarling: “The underlying assumption is that our economic turmoil has somehow been caused by lack of regulation.”

May I inquire how much time I have remaining. The SPEAKER pro tempore. The gentleman from Texas has 1 minute remaining.

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

Congress needs to do its job. You need to write legislation with more specificity.

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…