According to the Government Accountability Office, removing export restrictions will create employment opportunities, expand trade, and lower gasoline prices. The economic and political landscape has evolved since the ban's inception in the 1970s. I am confident that now is the time to repeal the ban on the export of crude oil to increase our economic and energy competitiveness. Mr. Chairman, I urge my colleagues to support H.R. 702.
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You made the statement that the HBCUs are a very important component of higher education, and I have been one of the strongest supporters of HBCUs.
It is absolutely essential to have a bird's-eye view of our financial system, in order to identify and prevent systemic risks from destabilizing our entire economy.
I thank the gentleman. I gladly accept his offer, and I look forward to working together to promote financial literacy, especially with respect to auto financing. Mr. Chairman, I urge my colleagues to support H.R. 1737.
Small businesses and Main Street are the lifeblood of our economy. We should be doing everything we can to ensure that Main Street America is able to prosper.
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