In that case, I will yield 1 minute to the gentleman from Arizona (Mr. Schweikert).
Jeb Hensarling
The Public Record
Jeb Hensarling is a former Republican member of the United States House of Representatives, representing Texas's 5th congressional district from 2003 to 2019. During his tenure, he served as the chairman of the House Financial Services Committee, where he played a significant role in shaping financial regulation and policy. Hensarling was known for his advocacy of free-market principles and his opposition to the Dodd-Frank Act, which was enacted in response to the 2008 financial crisis.
May I inquire of the Chair how much time I have remaining. The Acting CHAIR. The gentleman has 2 minutes remaining.
I continue to reserve the balance of my time. The Acting CHAIR. The gentlewoman from California has 15 seconds remaining.
Every single regulation imposes some type of financial burden on a company that cannot be used to create a job. If this was a concern, why don't we find it listed in the Statement of Administration Policy. It's not a concern of the…
Yes, the gentlelady was very perceptive in her hearing. I was contemplating the answers that the gentlelady gave. At this time, I do not intend to oppose the amendment.
I have one other question for the gentlelady. On the 3-year period, I'm just curious as to the thought or purpose behind that particular selection of a 3-year period. I'd be once again be happy to yield to my friend, the gentlelady from…
I'm inquiring as to the perceived deficiency in the underlying bill that you seek to address with your amendment, and I would be happy to yield to my friend from Texas.
I'm not, frankly, certain I'm in opposition to the gentlelady's amendment, and I appreciate her bringing it to the floor. If she would yield for a question, I'm just trying to understand the purpose of her amendment, and what is the…
I claim time in opposition. The Acting CHAIR. The gentleman from Texas is recognized for 5 minutes.
If the time of the gentleman from Connecticut has expired, in that case, Mr. Chairman, I will yield the remainder of the time to the gentleman from Tennessee (Mr. Fincher).
I continue to reserve the balance of my time. The Acting CHAIR. The gentleman from Texas has 2 minutes remaining. The gentleman from Connecticut's time has expired.
I claim the time in opposition. The Acting CHAIR. The gentleman from Texas is recognized for 5 minutes.
I would like to encourage the House to support the amendment from the gentleman from North Carolina. I believe it to be very straightforward, very simple, very common sense to ensure that there is an inflation adjustment that is applied to…
I want to commend, again, the gentleman from Tennessee and the gentleman from Delaware for this amendment that I believe helps improve the underlying amendment with some technical corrections. I would urge all Members to adopt it. Mr…
In that case, Mr. Chairman, I'm happy to yield exactly that 1 minute to the prime author of the JOBS Act, the gentleman from Tennessee (Mr. Fincher).
Might I inquire how much time I have remaining. The Acting CHAIR (Mr. Yoder). The gentleman from Texas has exactly 1 minute remaining.
At this time, I am happy to yield 2 minutes to the vice chairman of the Capital Markets Subcommittee, one of the prime authors of this bill, the gentleman from Arizona (Mr. Schweikert).
I now would like to yield 2 minutes to the gentleman from Arizona (Mr. Quayle).
When you essentially give unfettered, unprecedented discretionary powers to unelected bureaucrats, they have a tendency to use it.
I have many concerns about the unintended consequences of U.S. regulators steamrolling ahead with the Dodd-Frank Title VII regulations.
When you yield unprecedented, unfettered, historic discretionary powers to the unelected bureaucracy, they will indeed use it.
Our community financial institutions are critical--critical to our small businesses, the job engine of America, and we have to do more to wring out some of the uncertainty in this system.
If we are not careful, Madam Chairwoman, we are going to wake up and see more failures and more consolidations of these community financial institutions.
We all know that too many of our financial institutions are fighting an uphill battle: the struggling economy; a monetary policy which is squeezing their profit margins; clearly, Dodd-Frank compliance; the Durbin language, which imposed…





