Jeb Hensarling

And I mean 'sustainable' in two different senses: number one, something that can help reduce the severity of the boom-bust cycle that has imposed such a cost on our economy and our hardworking families and taxpayers; and number two…

As chairman, I will tell you that it is going to be a priority of this committee to forge a sustainable housing finance system in America.

I am concerned about FHA having 56 percent of the market.

But Sandy has hit before many of these provisions could take effect. As chairman of the Financial Services Committee, I wish to inform all Members in this Congress our committee will take up legislation to transition to a private…

Depriving the insurance companies that invest on behalf of those pensioners, the returns available through investments in covered fund impairs the ability of those pensioners to maintain their retirement security.

I have noted not a few, not hundreds, but literally thousands of negative comments that have either arrived to this committee or to the regulators.

I think we have all taken note of Chairman Volcker's statements that, number one, proprietary trading in commercial banks was not central to the crisis.

Few have left a mark on this committee quite like he has.

I will personally miss our spirited debates, not quite enough to ask him to reconsider and stay.

Clearly, the case can be made that we need more capital.

It is a very poor case for more complex capital standards that do not recognize the difference between large money center banks and our community financial institutions.

I would agree with the ranking minority member that it is a very open question whether Basel III should even apply to our community-based financial institutions.

I think we know how that all played out.

We cannot solve our problems with the same level of thinking that created them.

Regardless if it is perceived in real benefits, many of us believe that there has been a substantial cost.

We have had many debates in this hearing room about the Dodd-Frank Act.

I guess, Mr. Cordray, what is of concern here is whether or not the agency refuses to write a rule or is incapable.

Wouldn't they want to know what is lawful and what is unlawful? If an act is abusive, it would be unlawful.

You came before us 6 months ago as an unlawful appointee and probably an unconstitutional one as well.

I do want to thank Mr. Renacci for his legislation, which I think does take us in the direction of making credit reports more complete.

I believe they are an incredibly important tool. They have helped democratize consumer credit; made it more egalitarian.

How can this not be cited as a major factor that could disrupt U.S. financial stability?

I have yet to see a reform plan for entitlement spending out of this Administration.

I see very little discussion of the U.S. debt crisis. We know that on a nominal basis, this country has now racked up more debt in the last 3 years than in the previous 200 years.

When I am speaking to either Fortune 50 CEOs, world-class investors, small business people in east Texas, here is what I hear: number one, uncertain Federal regulation and certainly harmful Federal regulation is crushing jobs; number two…