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Video archive of the US Congress

House Proceeding on Jul 23rd, 2008 :: 2:46:47 to 2:49:48
Total video length: 2 hours 55 minutes Stream Tools: Stream Overview | Edit Time

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Views:231 Duration: 0:03:01 Discussion

Previous speech:

Marcy Kaptur

2:46:14 to 2:46:47( Edit History Discussion )

Marcy Kaptur: amendable and i acknowledge that, all the things i've talked about, by the way, these three pieces that have been voted on, all passed the house by very large majorities. all had significant

Pete Sessions

2:46:47 to 2:47:05( Edit History Discussion )

Pete Sessions: republican support. all were fully debated iren committee and amendments offered. this is a repackaging. now, the gentleman who preceded me said, what are we afraid of? i guess i do have

Pete Sessions

2:46:47 to 2:49:48( Edit History Discussion )
Speech By: Pete Sessions

Pete Sessions

2:47:05 to 2:47:24( Edit History Discussion )

Pete Sessions: a certain fear of being caught in tnhis republican cross fire. with the administration telling us move more quickly, and the republican members of the committee saying, how dare you move

Pete Sessions

2:47:24 to 2:47:47( Edit History Discussion )

Pete Sessions: so quickly and the y secretary of treasury say, we'll have confidence undermined in the market thnd republicans saying, we didn't ha ve time to read the bill. again, almost everything in here has

Pete Sessions

2:47:47 to 2:48:05( Edit History Discussion )

Pete Sessions: been previously debated in committee and voted on on the floor of the house. th ere's one new element. i agree that did not go to committee. we zrnt a public hearing on it. the secretary of

Pete Sessions

2:48:05 to 2:48:17( Edit History Discussion )

Pete Sessions: the treasurely ry asked us not to have a public hearing. said he thought it would be damaging to the market if we had a public hearing. we have had a week and a half to talk about it, to discuss

Pete Sessions

2:48:17 to 2:48:28( Edit History Discussion )

Pete Sessions: it, including in informal ways, i've been open to discussion with anyone who wanted to. but the secretaryec of the treasurecy said he thought a hearing would be a problem. what are we afraid

Pete Sessions

2:48:28 to 2:48:46( Edit History Discussion )

Pete Sessions: of? i have a certain fear of rebuffing the secretary ofg the treasury, president bush's pr appointee, on a matter he thought was so important as to how we handled it. that's why we are here.

Pete Sessions

2:48:46 to 2:49:11( Edit History Discussion )

Pete Sessions: s that balanced bill that includes a significant increase in the reform of fannie mae and freddie mac. it doe s give to the e administrstation the ability to th make some loans to them or

Pete Sessions

2:49:11 to 2:49:28( Edit History Discussion )

Pete Sessions: maybe by share -- mabuy shares with the instruction that they io protect the tax pay we are various mechanisms and with a requirement that the compensation of the c.e.o.'s and top officials

Pete Sessions

2:49:28 to 2:49:48( Edit History Discussion )

Pete Sessions: of those t agencies be strictly regulated, but it doe sn't do that in isolation. it does it only as part of a t bill which significantly tightens the i ncrease, tightens and increases

Cathy Castor

2:49:48 to 2:50:04( Edit History Discussion )

Cathy Castor: the regulatory at structure. to summarize thiums bill again responds to an urgent bush u administadration, i ask for 30 on seconds. ms. castor: i yielmsd the gentleman an additional 30 seconds.

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