On the recordApril 5, 2017
Mr. Speaker, I yield myself the balance of my time. The Financial Institution Bankruptcy Act is a necessary reform to ensure that taxpayers will not be called on to rescue the next failing financial firm. The legislation relies on longstanding bankruptcy principles that will be applied in a predictable and transparent manner. The Financial Institution Bankruptcy Act is a bipartisan measure that enjoys broad support from outside experts, and I urge my colleagues to vote in favor of this important reform. Mr. Speaker, I yield back the balance of my time.
