Political Quotes

“You know, I think it's very interesting that they're trying to argue that we're trying to get in the way of the SEC. Yet the SEC, in their rules and regulations, have put an impact on small business of $1.75 trillion. Mr. Speaker, what we're trying to do is apply the same principles and ideas that President Obama had to an agency that spends its life doing rules and regulations. And to say that doing their job correctly, with a balance, is something that we shouldn't require them to do is a silly argument. That's like saying that Republicans and sequestration--when it was a President Obama idea. It is the President's idea. Sequestration--he's the one that proposed it. We're the ones that simply took him up on his idea. And he signed it into law. They're arguing with themselves about the things which are good. Once again, the President initiated sequestration. We worked with the President as a back-stop. There we are. The President issues this same ruling, asking agencies to please make sure they include cost-benefit analysis, but don't apply it later to someone who spends their life doing rules and regulations. {time} 0940 Mr. Speaker, it's an amazing world that we live in. We thought, the chairman of the Financial Services Committee, Jeb Hensarling, after testimony in meetings and in feedback thought, the SEC actually agreed with this. We simply put it in as something they ought to be doing on a regular basis. Now, Mr.…”