White House Chiefs of Staff

I recognize the fact we pay lip service to it, and I think that is a good first step.

Thank you, Mr. Chairman. I appreciate it, gentlemen.

If I have just raised a billion dollars in the public markets, why would I raise $250,000 on a crowdfunding site?

This was supposed to be the egalitarian access to capital because it did a couple things.

One of the great thing about the JOBS Act, it was a truly bipartisan, bicameral sort of piece of work.

People are afraid of their government.

I want to know where the outrage is.

So to the extent Mr. Abshure's questions are legitimate, let's assume for the sake of discussion that they are, we can fix that, can't we?

But you are also going to know on the day that you purchased the stock where that money is invested, correct?

I have never invested in a BDC. I have invested in a closed-end mutual fund before and it was readily apparent to me what the closed-end mutual fund had invested in.

I didn't stay in the State government long enough to participate in that State pension, but a lot of my friends have.

I imagine that might have made sense in 1980. I have no idea why it would make sense today.

H.R. 1973, introduced by Congressman Mulvaney, offers welcome flexibility for BDC investment in financial institutions and finance companies.

Here is the question: It's a question of balancing privacy versus security. It's a question beyond that. It's a question of who will do the balancing. Right now, the balancing is being done by people we do not know, by people we do not…

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: At the end of the bill (before the short title), insert the following: Sec. __. The total amount of…

The abuses at Fannie and Freddie were designed mostly to enrich the shareholders and to a great extent the executives.

I guess I am just disappointed that somehow this debate today has turned into rich versus poor.

We ought to use beneficial owners only.

I want to look at what has happened since the last reauthorization.

I am a big fan of the SBDCs. In fact, I think we have been to see some with some of my fellow colleagues across the aisle all over the country.

Can you foresee circumstances under which the taxpayer would be on the hook for these loans?

We want to see--keep the sequester in place, and take the cuts we can get.

I am going to do something different this year. I have spent the last 2 years trying to draw attention to exactly what you all are here to talk about today, which is the impact of our Federal Government on, specifically, small-business…

The answer is going to be no. Go someplace else if you want to take care of your family.