Jeb Hensarling

The SEC finally completed the bipartisan JOBS Act rulemakings to implement the reg A+ and crowdfunding titles.

Vigorous oversight is also needed to ensure that the SEC is a good steward of its resources, both its time and its budget.

This committee is committed to conducting vigorous oversight of the SEC because the SEC's three-part mission is an important one as Americans continue to struggle through an economy that is underperforming.

The SEC is 'full out focused on developing its own fiduciary rule.'

It seems that the only time that the SEC actually modernizes its securities laws, to the benefit of the growing numbers of businesses, is when we here in Congress tell you to.

From my perspective, I don't believe that the SEC and the Federal securities laws should be used to help counter human rights abuses or further altruistic causes, no matter how important that they may be.

I thank the gentleman for yielding. Transportation ought to be funded out of transportation fees. It shouldn't be funded out of the functional equivalent of a bank account tax. It should not be funded on the backs of home buyers, or…

I guess, Chair Yellen, detail may be in the eye of the beholder, because Members of Congress still don't understand this.

How are market participants supposed to be convinced that we have less systemic risk when they have no insight into these tests?

Since I withdrew the request for the yeas and nays on the motion to recommit, then would it be possible for the ranking member, the gentlewoman from California, to withdraw her request for the yeas and nays on the underlying bill, should…

Again, I appreciate the gentleman from South Carolina making his parliamentary inquiries. I think it has helped clarify the matter. At this point, if it is the will of the House to send this back to committee, I look forward to the vote…

Yes, I yield to the gentleman from South Carolina for his parliamentary inquiry.

If the gentleman from Oklahoma, another valuable member of the House Financial Services Committee, who I know we are on opposite sides of this issue, if the gentleman would like time to speak, I would be happy to yield to the gentleman.

May I inquire how much time is remaining on each side? The SPEAKER pro tempore (Mr. Rodney Davis of Illinois). The gentleman from Texas has 8\1/2\ minutes remaining, and the gentlewoman from California has 13 minutes remaining.

In order to help equalize the time, I reserve the balance of my time.

We cannot allow a program that has benefited Americans in times of need after a crisis, such as what happened in 2008, to be cut to the bone to the extent that it becomes ineffective.

It is simply not enough to marginally improve the lives of the able-bodied poor through perpetual government dependency; a caring and compassionate society must always have a ladder of opportunity on which everyone can climb.

In launching the war on poverty, President Johnson told us its purpose was, 'not only to relieve the symptoms of poverty, but to cure it and, above all, to prevent it.'

I now yield 2 minutes to the gentleman from New Hampshire (Mr. Guinta).

Reclaiming my time, so I continue to hear ``diagnostic'' and read between the lines. So, again, at worst, the bill is redundant. Mr. Speaker, I yield 3 minutes to the gentleman from Texas (Mr. Neugebauer), the chairman of the Financial…

I said I would yield to a Democrat who can give me the Cordray quote where he says he will ``hold harmless'' or uses the term ``grace period.'' So if the gentleman has the quote, I would be glad to yield to him.

Isn't it true that credit scores could account for some, if not all, of the disparities that you have observed under current law as deigned by the Supreme Court?

Regrettably, still more harmful consequences appear just over the horizon.

Dodd-Frank and the CFPB help raise prices; eliminate free checking for millions; and are cutting off access to mortgages, bank accounts, and credit cards.

Dodd-Frank and the CFPB are the prime reason that the big banks are now bigger and the small banks are now fewer.