Gwen Moore

One of the things I really find to be very, very frightening to think about is these young women and young girls who have been raped and taken advantage of in these countries.

Thank you so much, Chairman Culberson and Ranking Member Serrano, and my colleagues and distinguished Members of the Subcommittee.

I am so happy, especially, to have Dr. Michel here, to speak in support of H.R. 4116, the Reciprocal Deposits Bill.

I applaud what Mr. Emmer is doing and, like I said, for a rare occasion, some stuff that we are doing...

I think that we ought to and should explore smart reforms that balance maintaining the Fed's independence but that also bolsters public confidence and faith in the Fed.

I was initially extremely suspicious of this hearing, due to some proposals that I think would disastrously inject partisan politics into monetary policy.

I actually think that it may be helpful to have had this hearing to discuss the Federal Reserve and the Federal Reserve System.

The Fed was created and established to be independent, and I think that independence has fueled a lot of these misconceptions and misgivings about the Fed.

I definitely want you to explain how the orderly liquidation authority would work.

I think we just have to stop derailing ourselves with nonsense.

But that failure, Madam Chairwoman, is Congress' failure, not your failure.

But I want you to know that I have recognized that in the time immediately following the financial crisis, I think the Obama Administration and Congress reacted very forcefully with smart reforms and stimulus to make sure that the U.S…

I give Chairman Hensarling and Chairman Huizenga a hard time, but I have enjoyed working with Chairman Huizenga on the Monetary Policy and Trade Subcommittee.

But we need to invest in education and infrastructure, increase the minimum wage so that we can get more consumers spending money.

We want to get this slack, as you call it, out of the labor market, but Congress needs to embrace growth policies that will help working people.

Now I cringe at the austerity policies of this Republican Congress because I think it works at cross-purposes with your pro-growth policies.

I am on a letter with Mrs. Maloney to delay implementation of this because there is a concern...

I really would like to know how much this will cost.

I would like to enter into the record an assessment that demonstrates that government export credit pricing, Ex-Im Bank pricing, is on par with commercial markets, and demonstrates that the foreigners are paying more for credit than U.S…

I would say that there is a lot more risk from Wall Street and from the banking community than there is with the Ex-Im Bank.

The Ex-Im Bank has really worked very diligently and effectively at adhering to the 2012 mandates.

Thank you, so much, Mr. Chairman.

But what are we doing now? We are literally saying to those businesses that are supported by Ex-Im and all of the suppliers that go along with that, that this government does not care about them and their ability to do business, they don't…

We are wasting time while the anti-government, anti-American-worker wing of the Republican party works desperately to let the clock run out on the Ex-Im Bank.

The Bank is a U.S. job creation engine, reauthorization in the past has been bipartisan.