Political Quotes

On the recordJune 30, 2010
I rise in opposition to this closed rule and the underlying bill. Today, we are considering a 2,300-page Federal takeover of the financial services industry. This happened in health care. It's now happening in financial services. The bill before us today is just one more piece of the Democrat majority's agenda to Federalize more of the private sector of this country. I hear that as I travel in my district. While it's important to provide consumer safety and security in the marketplace and to minimize the chance of another financial crisis, I oppose this bill. I oppose this bill, and the underlying legislation holds many far-reaching consequences for the American economy and prohibits the ability of business, small and large, to create jobs and spur economic growth. Obviously, this bill, because it's done by the Democrat majority, will be 2,300 pages; obviously, because this bill is done by the Democrat majority, it will involve new Big Government plans, programs; and, obviously, because it's the Democrat majority, it will involve more taxes, fees, and in fact it's $18 billion worth of new spending through these fees and taxes.
Said by
Pete Sessions
Republican · Texas

Editor's note · Context

The speaker opposes a bill perceived as a federal takeover of the financial services industry.

Share

More from Pete Sessions

Jul 9, 2024

We are saying, we want you to be pragmatic, we want you to be fair.

congress.gov
Oct 24, 2023

I think that the protection of the innocents is always paramount, and I think that a humanitarian corridor must be established for those to leave so that they are not going to be subjected to conflict.

congress.gov
Sep 3, 2024

That is why we respect the ability of local people to make local decisions and to come up with an answer.

congress.gov
Mar 8, 2023

The Federal Government is not at work. The Federal Government is not producing the results that we think would be necessary.

congress.gov

Other voices in this conversation