In a phrase, we need economic growth for all and bank bailouts for none.
It is time for a new paradigm in banking and capital markets.
One of the principal reasons is the Dodd-Frank Act, a grave mistake Washington foisted upon the American people nearly 6 years ago.
The Financial CHOICE Act rests on the belief that a high level of private bank capital is the most basic element in making a financial syste...
Regrettably, we remain stuck in the slowest, weakest economic recovery since at least World War II.
If that happens, Iran is going to get access to the U.S. dollar for a major transaction.
The Administration claims that they have prohibited Iran's access to the U.S. dollar.
And as I testified earlier, that undercuts our ability to use financial sanctions in the future against the IRGC.
Some who defend the Boeing Iranian Air deal point to the commercial and civilian nature of these airplanes.
For the past year this committee's bipartisan Task Force on Terrorism Financing has done excellent work in shedding light on sources of terr...
I believe Congress granted IOR for one purpose, and it appears that the Fed is using it for another purpose.