Political Quotes

“I thank the chairman for yielding and thank him for his leadership on this issue. Mr. Chairman, I rise today in strong support of the bill that's being offered by Mr. Garrett. This is a bill that will ensure the SEC will abide by simple cost-benefit analysis requirements. All Federal agencies, but especially the SEC, affect the efficiency and the success of our Main Street businesses--our Main Street businesses across Virginia's Fifth District and all across this country. The SEC primarily exists to protect investors, maintain fair and efficient markets, and to facilitate capital formation. This positions the Commission as a critical component of our small businesses' ability to access the capital they need to grow jobs. If access to capital continues to be constrained by overly burdensome regulations, we will not see the economic growth in the jobs that we need in my district and across the United States. While it is critical that the SEC be able to promulgate certain rules to implement congressional legislation, it is also critical that Congress clearly set forth its legislative prerogatives. As Members of Congress, we must ensure that the rules that the SEC adopts are with good purpose and that they are not unduly adding more burdens on hardworking Americans at a time when our economy is struggling.…”