I'm prepared to close and would like to insist on my right to do so. I reserve the balance of my time.
ROBERT HURT
The Public Record
American politician in Virginia (born 1969)
I believe it is our responsibility to end the bailouts of Fannie Mae and Freddie Mac and enact reforms that will protect the American taxpayer and strengthen our housing finance system.
While sufficient capital requirements are essential to a strong banking and financial system, they must be appropriately tailored to consider the intricacies of a diverse financial business model rather than a one-size-fits-all system.
I do think that it is probably a uniform belief among all of us on both sides of the aisle that our top priority as a Nation is our national security.
Regulations have costs, they have impacts, and we need to be sensitive to that because the consequences are very real.
The jobs issue is very, very important, and very, very real to us in terms of sustaining families, sustaining businesses, and sustaining farms.
Dodd-Frank has caused negative effects on job creation and will lead to less access to credit for consumers.
Many of the regulations prescribed by Dodd-Frank will continue to act as a hindrance to our job creators and America's economic recovery.
If we are truly serious about revitalizing our economy and preserving this great country for our children and grandchildren, we must put an end to Washington's out-of-control spending.
I think, as Mr. Yates was pointing out, it is just a little fee, a little fee, a little bit here, a little bit there, and the next thing you know, you are talking about something that is a barrier to being able to do what the consumer…
The answer to every problem here in Washington seems to be, we will just regulate it, and I think that at least as I travel across the Fifth District of Virginia where I represent people who recognize that is not a good formula for…
I appreciate the fact that you seem to recognize that there should be a cost-benefit analysis that goes with every regulatory structure.
My constituents expect Congress to closely scrutinize Federal programs to identify and eliminate waste, fraud, and abuse.
The government is borrowing 40 cents on every dollar it spends and therefore has fewer resources to do proper regulation.
With the Federal Government's nose now under the tent of insurers, so to speak, it is my hope that the FIO will not engage in mission creep and instead adhere to the limited mission that Congress intended it to serve.
If you can't abate the dust, the only way to stop it is to stop production or stop driving on the roads, and what does that translate to? That translates to lost jobs.
I think if you talk to the people I represent, they say for far too long the Congress has wholesale given its legislative prerogative over to agencies like the EPA who are not elected, who are not accountable to the people.
When it comes to dust, the EPA and the Federal Government should not mandate a one-size-fits-all standard that could eventually lead to lost production.
These proposed rules would limit market efficiency and lead to negative consequences for farmers, manufacturers, small businesses, financial institutions, and pension funds.
I am grateful for your commitment to reforming and strengthening the Section 8 Voucher Program.
The best way that we can help the homeowner in the 5th District of Virginia, my district, and across the country stave off foreclosures is with a job.
While these programs were well-intended, our subcommittee has found these initiatives have not yielded the results that the American taxpayers were promised at their inception.
My view, my Main Street view, southern Virginia view, is that is money that could be used to invest in another Dollar General or in another Ply Gem window manufacturer in the Fifth District.
I was pleased that the President last week tipped his hat to capital formation as something that is very important to help get this economy going.
It seems to me that it is incumbent on all of us to try to figure out how to help the most in need.





