Jeb Hensarling

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.

The time of the gentlelady has expired.

Looking back at this crisis, I can't help but think about the quote from Rahm Emanuel: 'Never allow a good crisis to go to waste.'

I don't know how long it is going to take, but people right here in this Congress are going to do everything that they can to end Dodd-Frank just like they ended Glass-Steagall.

Crisis is often invoked to rationalize both government discretion and the waiver of rule of law.

Every court that has addressed the issue of the CFPB's constitutionality has concluded that it is perfectly constitutional.

Dodd-Frank moves us away from the equal protection offered by the impartial rule of law.

Dodd-Frank erodes the economic freedom and opportunity that empowers low-income Americans.

Dodd-Frank has, regrettably, made us less free.

And this is not the system that created the American miracle. And it is a dangerous system.

But the problem is it gave so much discretionary power to regulators that now we are ruled by regulation.

It is not just that Dodd-Frank did bad things. Not everything in Dodd-Frank was bad.

I think that Dodd-Frank, by creating all of this regulatory power, has created uncertainty and fear in the business community.

At the same time, we are seeing community banks, the drivers of economic growth, continue to struggle under this crushing regulatory onslaught.

With the advent of subprime lending, countless families now have their first opportunity to buy a home or perhaps be given a second chance.

Well, before I do, Mr. Speaker, may I inquire how much time is remaining? The SPEAKER pro tempore (Mr. Bost). The gentleman has 3 minutes remaining.

It is, in some respects, deja vu all over again. It is dangerous for government to have one view of risk--one view of risk. The regulators told all the banks that there was virtually no risk in mortgage-backed securities, no risk in…

I was here 5 years ago, and it is funny and reminiscent that Senator Dodd, the coauthor of Dodd-Frank--the Dodd of Dodd-Frank--said at the time: ``No one will know until this is actually in place how it works.'' He said this in 2012. Here…

I thank the gentleman from North Carolina for his comments tonight. I thank him for his leadership on our committee, not only on dealing with Dodd-Frank, but dealing with the very serious issue of terrorist financing, where he serves as…

There are a number of us who are gathered for a very important discussion tonight regarding the fifth anniversary of the Dodd-Frank Act. Before we do, there is another important anniversary that needs to be recognized in America today. For…

The time of the gentleman has expired.