On the recordOctober 29, 2013
I thank the chairman for advancing this bill to the floor. I also congratulate the sponsor of the bill, Mrs. Wagner, for leading forward with a piece of legislation that has, at its heart, to work in a bipartisan manner to protect American investors big and small, senior citizens, and regular people across this country who are concerned about their investment, concerned about what they pay for their advice and for their transactions. So I commend both of them for moving this legislation along. The other side of the aisle likes to get engaged with name-calling, like ``shoddy,'' ``bad,'' ``rip-off,'' and throw out numbers which, I guess, are just sort of pulled out of the air when they say, If it is 1 percent for this, how much over 30 years? If it is a commission of X, I don't know, how much is it over 40 years? I always wonder when I hear comments from the other side of the aisle if they really actually sit and read the bill or do they just pull these numbers out of a hat. But I did hear one of their comments which went to the point of trying to help investors, which is: How do we help Americans, and how do we do it in a bipartisan manner? Well, this was one of the most bipartisan bills that we have ever had coming out of our committee. Over half of the Democrats on the committee said they are going to stand with Americans, stand with investors. I will share some of those. Mr. Sherman voted ``yes''; Ms. Moore said ``yes,'' stand with Americans; Mr.…





