A margin requirement imposed upon end-users would subject them to significant cash burdens, cash that would otherwise be put to work in the economy.
Mike Conaway
The Public Record
we simply can't afford sweeping new regulations that are poorly vetted, that impose substantial costs that outweigh the benefits for our financial system and our economy.
Financial reform must not come at the expense of America's energy and commodity producers, consumers, and ultimately, the entire U.S. economy.
Rushing to implement this Act could result in unintended consequences that could actually harm or hinder the marketplace.
I, too, want to add my deep respect and gratitude to the outgoing chairman, Ike Skelton, a man that I have come to know and love these 4 years under his tutelage in the chairmanship, and I wish him and his terrific wife, Patty, all the…
An oft-forgotten dictum in Washington is that to govern is to choose. It is to choose between the dizzying array of wants, wishes, and needs of the American people, while constrained by the Constitution, fiscal, and political realities of…
Well, I thank the gentleman from Utah for yielding and for hosting this night's hour to talk about the Tenth Amendment and federalism. It's probably been read into the Record 11 dozen times, but I want to read a quote from James Madison…
I want to speak in favor of competition. Competition works. Our work on the IMPROVE Act shows that. I am against this amendment. There was no competition. Under Secretary Ashton Carter, on the record in front of the committee, said there…
In the next couple of days, the House is scheduled to vote on a bill called the American Jobs and Closing Tax Loopholes Act. Yet, for all of its parts, the bill fails to address the largest loophole of all--the double-spending loophole…
I appreciate that. I also tentatively support the amendment--certainly, the spirit of the Berry amendment--as well. But, as drafted, the GAO study, I think, will be very difficult to implement. Servicemembers are not required to keep…
One comment and then I will reserve, and that is that some of the criticisms about the multitude of defense acquisition reform studies and laws and bills that line the shelves of many offices is that they haven't worked. This one, Mr…
I want to just add a word of caution to the amendment. We intend to support it. The Department of Defense has in fact instituted a suspension of the policy that led to these problems, and have put in place a policy that looks very similar…
Here in Washington, in these hallowed Halls, we have the power to do many things. At times, it might appear as if there is no riddle so complex that the careful arrangement of words on a paper cannot overcome it. Indeed, the very rationale…
Today may well mark a great victory for President Obama and the Democratic Leadership of Congress. After months of bitterly partisan debates, massive protests, and wrenching arguments, it appears as though they finally have the votes to…
Later this week the Speaker is going to ask the House to take the final vote on health care reform, including the Senate health care bill. The Senate bill contains such rarified legislative compromises as the Cornhusker kickback, the…
This afternoon we had a serious and earnest debate about our future role in Afghanistan. I firmly believe that there are respectful differences of opinion on this war, and that support for a war is not a litmus test for one's support for…
This amendment is a pretty simple, straightforward one. It's about good governance. It's about protecting the assets of the American taxpayer as utilized by the intelligence community. This bill came out of committee 8 months ago. We've…
I'd like to continue the theme that my colleague just had, and that is the President's vision for these United States over the next 10 years. That vision is exemplified in his budget that he brought to Congress yesterday, which, for fiscal…
It is stunning to think that a stack of $1,000 bills, 1,000 of those, which would equal 1 million bucks would be 4 inches tall. Another way to look at $1 trillion, if you were to try to spend $1 trillion in 1 year, to do that, you would…
Even over the weekend they were saying that yes, we've lost 7 million jobs but we've created X number of million jobs. The real issue is the net job loss, because those are folks that are out of work. That is kind of a hollow thing to brag…
If we only could do one constitutional amendment in the next 10 years, let's do this one. Think back. I wonder who those 35 Senators were in 1995 who all voted ``no'' on the balanced budget amendment, if any of them are still in Congress…
U.S. taxpayers have benefited from artificially low interest rates because when the world's economy went bad, a bunch of the money that was out there fled. It was a flight to safety. That money fled into U.S. Treasuries. And we have…
I would feel a lot better about our President tomorrow night if he would say not only are we going to freeze spending, but we are going to freeze it at 2008 levels. What has happened with the $787 billion stimulus, much of that money went…
Bridging the broadband divide could send jobs to rural America, not overseas.
It seems to me you are putting the cart before the horse, and this is a classic ready, fire, aim approach.





