Financial Services

Serrano Opening Statement at FY13 Budget Hearing for the Federal Communications Commission

March 19, 2012

As improvements in technology give more people access they also mean that resources move online, and therefore internet access has become vital to being able to get a good education, find a job, or simply to connect with family around the world. Therefore, I am interested in the steps you are taking to broaden access and make sure that everyone who wants access can get it.

Issues:Financial Services

Serrano Opening Statement at FY13 Budget Hearing for the Securities & Exchange Commission

March 6, 2012

Press Release

I think all of us here agree with the vitally important mission that the SEC plays in protecting consumers and investors. The financial crisis highlighted the need to have a robust 'cop on the beat' to make sure the American people are protected. Dodd-Frank gave the Commission important new responsibilities in this regard, and implementing and enforcing the numerous changes of the law is a vital part of making sure the SEC can better address abuses of the securities markets and protect investors.

Issues:Financial Services

Serrano Opening Statement at FY13 Budget Hearing for the Federal Trade Commission

March 5, 2012

Press Release

During this hearing, I am particularly interested in learning more about how you prioritize your many areas of responsibility since your portfolio covers such a broad spectrum of issues ranging from get-rich-quick schemes to consumer privacy, among many others. The budget request for the coming fiscal year is $300 million, which is a decrease from the current year, so I look forward to hearing about whether this amount is adequate to cover your diverse needs.

Issues:Financial Services

Serrano Opening Statement at Full Committee Markup of the Financial Services Appropriations bill, FY2012

June 23, 2011

Press Release

At these funding levels, there will be significant harm to America's consumers, investors, taxpayers, workers, businesses, judiciary, the security of our elections, and even our deficit, and I will be unable to vote for the bill

Issues:Financial Services

Serrano Statement at Subcommittee Markup of the Financial Services Appropriations Bill, FY12

June 16, 2011

Press Release

Issues:Financial Services

Serrano Opening Statement at Hearing on Supreme Court FY12 Budget Request

April 15, 2011

Press Release

Opening Statement of Congressman José E. Serrano

Financial Services and General Government Subcommittee

Hearing on the Supreme Court FY 2012 Budget Request

April 14th, 2011

Thank you Madam Chair. I would also like to warmly welcome Justice Breyer and Justice Kennedy back before this subcommittee. Seeing as they have both been here before, I must really commend them, knowing what they may be in for.

As I have said in past years, this is one of the rare opportunities for our two branches to interact. Because of this, our questions sometimes range beyond strict appropriations issues. As our nation's highest court, many of us look to you for important insights into issues affecting the federal judiciary as a whole.

Issues:Financial Services

Serrano Statement at Hearing on Treasury FY12 Budget

March 18, 2011

Press Release

The Treasury Department has an important role to play in helping to address the concerns of everyday Americans in the areas of tax assistance, small business credit, mortgage relief, and the creation of economic opportunity. I look forward to discussing your important work in all of these areas today.

Issues:Financial Services

Serrano Statement at Hearing on IRS FY12 Budget

March 16, 2011

Press Release

Unfortunately, we must compare this robust request with the funding level provided in the House-passed continuing resolution. That resolution cut IRS funding by approximately $600 million from fiscal year 2010...I think such cuts to the IRS budget are very misplaced. It makes little to no sense to impose harsh budget reductions on the very agency that raises the vast majority of revenue.

Issues:Financial Services

Serrano Statement at Hearing on SEC FY12 Budget

March 15, 2011

Press Release

You have been given many new responsibilities under the recently passed Dodd/Frank Act. These new responsibilities are vital to protect consumers and shareholders and to ensure that past abuses are not repeated. Unfortunately, you now have to implement your many new mandates without the necessary resources.

Issues:Financial Services

Serrano Statement at Hearing on Small Business Administration FY12 Budget

March 8, 2011

Press Release

Opening Statement of Congressman José E. Serrano

Financial Services and General Government Subcommittee

Hearing on the Small Business Administration

March 8, 2011

Thank you, Chairwoman Emerson, and I too would like to welcome Karen Mills, the Administrator of the Small Business Administration, to this hearing of the Financial Services and General Government Subcommittee. Because of the crucial part that small businesses play in job creation and our continued economic recovery, the SBA has a very important role in promoting job growth.

Issues:Financial Services

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