Political Quotes

“On Tuesday, the Rules Committee met and reported a rule, H. Res. 288, providing for the consideration of a very important piece of legislation, H.R. 2289, the Commodity End-User Relief Act. The rule provides for the consideration of H.R. 2289 under a structured rule and makes five amendments in order--two Democrat and two Republican, as well as one bipartisan amendment--allowing for a balanced debate on these important issues. H.R. 2289 is essential to the smooth functioning of the American economy and is long overdue for an enactment into law. This important legislation will reauthorize the Commodity Futures Trading Commission, also known as the CFTC, which had its statutory authority lapse in September of 2013. The House passed, with strong bipartisan support, a very similar version of this legislation on June 24 of last year. Unfortunately, the Senate failed to take up the House-passed bill despite its strong bipartisan support in the House, leading us to reconsider this legislation again today. After the financial crisis of 2008, almost everyone agreed that changes needed to be made to our financial services sector in order to protect our economy and prevent another crisis in the future. Like many of my colleagues, I have concerns with some of the reforms that were instituted in response to this financial calamity because they have put overly burdensome restrictions on our business communities.…”