ROBERT HURT: “Obviously, the SEC has the responsibility to encourage capital formation, investor protection, and fair and efficient…”

When I travel across Virginia's 5th District, I continue to hear from my constituents that Washington is making it harder, not easier, for them to do business.

I think every member of this committee can agree that with millions of Americans out of work, our top focus in Congress should be enacting policies to help spur job creation throughout our country.

If Washington persists in imposing a one-size-fits-all approach, these capital markets and those who depend on them will be adversely affected.

I think you--I hope you would agree that despite these efforts, community banks have been disproportionately affected.