Roger Williams

No business in America should be told by the Federal Government to sell their product at a given price.

I wanted to take this time today instead to educate you a little bit on what it means to be in the retail industry.

It hurts the consumer. The very people you are trying to protect, you are turning back and hurting them.

I am a small business owner, have been for 44 years, and I am a car dealer.

I stand up for customers every single day.

And in the end, small business hurts. And I don't know how you would start a business today, with Dodd-Frank, with CFPB, with taxes.

Main Street America is hurting.

I have never seen the inability to get a quick recovery like I have with the inability to come back from this Obama economy.

Main Street America, again, I repeat, is not back.

I am one of those who really wants to take care of America first, and not Iran first.

my constituents back home in Texas are very concerned about the health of our economy, because it is not good.

I can tell you as an expert opinion that they are bad for the economy, the worst.

small business is hurting. Main Street America is hurting, and it is hurting because regulations... are literally choking the heart out of small business.

the idea that I would charge different prices to my customers based on race, religion or the color of one's skin is offensive not only to me but to my industry.

I am saying this really quick because I am working on a proposal that would exempt community banks and credit unions under $10 billion in assets from CFPB rules, going forward.

this example of what they are doing with the auto dealers is one of the most egregious examples of regulatory empire building I have ever seen.

Before passage of Dodd-Frank, the term 'systemically important' barely registered for the average American.

I strongly support his effort, and I hope this committee and this Congress send a strong message to Director Cordray that his actions have not gone unnoticed.

I have never seen such an overreach by a Federal agency as we are seeing today with the CFPB and indirect auto lenders.

How about Dodd-Frank? Maybe start thinking about that.

the taxpayers are guaranteeing this. We need to get the taxpayers out of this.

Now, I personally believe that the Bank needs reform.

if the average taxpayer sees the Bank as doing exactly what I said before... the taxpayer wants to know what happens if all the loans go bad.

removing the taxpayer from the equation, I think it would go a long way to solving a lot of the problems.

We have learned from the past, and we can be reassured that what we are talking about today won't happen again in Texas and Oklahoma?