Jeb Hensarling

We all know on this House floor there is not enough we can ever do for our veterans, the brave men and women who served us in uniform. I think that the author of the amendment, in attempting to get HUD and the VA to work more closely…

I appreciate the gentleman from Vermont. I appreciate his amendment. I think that this helps equalize for a number of Section 8 users the ability to use manufactured housing to help equalize this with other housing options. So I think it…

I listened very carefully to the gentlewoman's comments on the floor. I am prepared to accept the amendment. She makes some reasonable arguments. I urge its adoption. I yield back the balance of my time.

I thank the gentlewoman from Alabama for her amendment. It is a bipartisan amendment. She makes some good points. We are happy to accept it. As long as I am here, I would like to point out to the distinguished ranking member that anytime…

Thank you for your forbearance, Mr. Chairman, on the time. I yield back.

We are the ones who are actually elected representatives of the American public.

FSOC's budget is not subject to congressional approval, removing yet another check and balance to its immense power.

It erodes agency independence and harms accountability.

This structure clearly injects partisan politics into the regulatory process.

Unfortunately, it is also one of the least transparent and least accountable.

FSOC is clearly one of the most powerful Federal entities ever to exist.

Financial regulators possessed every regulatory power to prevent the 2008 financial crisis, but failed to do so.

I thank the gentleman for yielding. I want to urge all Members of the House to adopt his amendment. With respect to full transcripts of the FOMC meetings, all this is doing is simply codifying a current practice. It is simply to make sure…

I want to thank the gentleman from Florida for his amendment. I rise in support of the amendment. The FORM Act provides for GAO audits of the Federal Reserve but is silent as to the frequency of when audits should occur. I think the…

Just to throw my friend and colleague a curve ball, I will support his amendment. Although, I must admit, I am somewhat surprised and shocked, given the debate of the last, that he would want to interfere in the independence of the Fed and…

I urge a rejection of the amendment. I yield back the balance of my time.

Again, it is up to the Fed. You can't argue this both ways. The FORM Act is not imposing a rule. The Fed says that it is data dependent. What is the data? What is the reaction function? Tell us what you are doing. If you decide tomorrow…

Whether you call it a rule or a method or approach, the Fed is already doing something. They are looking at variables, and they are making decisions. All we are asking is that they communicate that to the rest of the American people. Ask…

May I inquire as to how much time is remaining on both sides? The Acting CHAIR. The gentleman from Texas has 4\1/2\ minutes remaining. The gentlewoman from California has 13 minutes remaining.

The gentlewoman from Alabama is a valued member of the Committee on Financial Services. The absolute worst thing I could say about her amendment is it might be redundant. Hopefully it is. But if it is not, we want to simply clarify, again…

I urge all Members to adopt this amendment. I must admit, if people all over America are wondering why it is so difficult to get something done on a bipartisan basis, traditionally, the least controversial thing we do here is study…

May I inquire as to how much time is remaining on both sides. The Acting CHAIR. The gentleman from Texas has 3\1/2\ minutes remaining, and the gentlewoman from California has 4\1/2\ minutes remaining.

Might I inquire how much time is remaining on each side. The Acting CHAIR. The gentleman from Texas has 15 minutes remaining. The gentlewoman from California has 13\1/2\ minutes remaining.

I would hope that the SEC would look very closely at the U.K.

The SEC has now asserted its jurisdiction to hopefully stop the Financial Stability Oversight Council (FSOC) from regulating asset managers like banks.