Jeb Hensarling

I now yield 2\1/2\ minutes to the gentleman from Wisconsin (Mr. Duffy), the chairman of our Oversight and Investigations Subcommittee.

I am very happy now to yield 1 minute to the gentleman from North Carolina (Mr. Pittenger), a member of the committee.

At this time, I am very happy to yield 4 minutes to the gentleman from Pennsylvania (Mr. Fitzpatrick), who is the sponsor of this job-creating legislation.

``. . . to borrow money on the credit of the United States; ``To regulate commerce with foreign nations, and among the several States, and with the Indian Tribes; ``To establish an uniform rule of naturalization, and uniform laws on the…

I would point out to the gentlewoman, as I think she knows, it was the Democrat Senate who I believe is putting this in the bill, so perhaps she could negotiate that with Senator Schumer.

In that case, I now yield 2 minutes to the gentleman from Illinois (Mr. Hultgren), a member of the Financial Services Committee.

I am prepared a yield a small amount of time to any Democrat Member on the floor who intends to vote ``no'' on S. 2244, as amended, because I have not heard one say that yet. Mr. Speaker, I have no takers. I yield 1 minute to the gentleman…

I now yield 2 minutes to the distinguished gentleman from Oklahoma (Mr. Lucas), the chairman of the Agriculture Committee and a distinguished member of the House Financial Services Committee as well.

I thank the gentlelady from New York, the ranking member of the Capital Markets Subcommittee, for her support. I yield 3 minutes to the gentleman from Texas (Mr. Neugebauer), the chairman of the Financial Services Housing and Insurance…

So part of the problem is not that there has not been enough effort, it is not that there are not enough people at the table, but that developing the intelligence takes time.

Accordingly, I am concerned about just how seriously our Commander in Chief, President Obama, has taken this threat.

I know that we cannot be cavalier about security threats such as ISIS.

4 years after Dodd-Frank's passage it is not readily apparent, what, if anything, OFR has contributed to the process of identifying, mitigating systemic risk.

Kid, you have third base so screwed up nobody can play it.

Believe it or not, the time belongs to the gentlelady from New York, and she can allocate it.

The Dodd-Frank Act has not made the American consumer safer, and it has failed to end too-big-to-fail.

Laws are evaluated by their advertised benefits, not by their actual benefits or actual cost.

It wasn't deregulation. It was bad regulation that helped lead us into this crisis.

Dodd-Frank has always been based upon a false premise that somehow deregulation or lack of regulation led us into the crisis.

Dodd-Frank has been the wrong remedy, adding incomprehensible complexity to incomprehensible complexity.

Regrettably, such a reaction has become commonplace on our committee. With few exceptions, my Democratic colleagues have proven they do not wish to legislate, nor do they wish to conduct oversight.

I am certainly not interested in a transcript of a private luncheon, but would you be willing to report to this committee on the matters of mutual concern that were discussed in any agreements reached between Treasury and the Federal…

But with the real unemployment rate at 12.1 percent, 46 million Americans dependent on food stamps, and real median income having fallen every year of the Obama Administration, the status quo is unacceptable.

It causes many to wonder why they ran for Congress in the first place. And the answer: they apparently wish to be defenders and apologists of the status quo.

And I think this is a perfect example of why you need to delegate decision-making to the Federal Reserve.