without michael oxley he would not have gotten to the ranking member. let me also acknowledge the willingness of the state legislature of new york to act against his state's economic interests. if they had redistricting in 2002 i wouldn't have gone to be the chairman. why a state where financial industry is the number one industry would knock out the guy who would be chairman of the committee are don't know and i am not questioning it. i am just the beneficiary. it didn't seem smart to me but what do i no? the other thing i would note, one president was chairman of the committee, james garfield. the second shortest tenure as president but he still was president. i don't think any committee has ever had before. spencer sits on a republican side with three declared presidential candidates. ron paul, michele bachman and thaddeus mccarter. they have primary in their caucus. the committee's work is challenging and important and we are grateful to the people who are here to help us figure it told a story about how the committee was formed and michael oxley ha

the keynote speaker is michael oxley, the republican from ohio. he said the american people stopped trusting the financial markets because of the 2002 and 2008 financial crisis. this is about an hour. >> ladies and gentlemen, if i may have your attention please. please continue to eat and enjoy your coffee and dessert. good evening. i'm ron, president of the u.s. capitol historical society an a former member of congress from connecticut. our celebration of the financial services committee is possible because of the ongoing support of society members and for their generous additional support of several donors. they're listed near the end of your printed program. thank you, all, for advancing the mission of the society. [applause] the committee we honor tonight produced landmark legislation over the past 146 years. the glass act, the national housing act, and so many more. the committee has also been chaired by members of congress whose names commonly appear in history textbooks. carter-glass, louis, and henry stegl. it's a privilege to introduce th

keynote speakers former chairman michael oxley, republican from ohio.uring his remarks he said the american people have stopped trusting the financial markets because of the 2002 and 2008 financial crisis. this lasts about an hour. >> that is the first time in my life i've ever been compared to rainman. [laughter] >> and i am assured the judge walked it is indeed on at five. and i'm a very good driver. congratulations to everyone. what an incredible time in history of our country. in 1776, americans were facing team george, and the mightiest army on the globe. and yet when he came to take our rights away, our founding fathers pledged their lives, fortunes and sacred honors to defend the inalienable rights given to us by our creator. in 1835, texans in gonzales received an order from general santa anna to hand over their guns. and to hand over the canon that guarded their city. the texans responded with typical mild-mannered texas spirit. [laughter] they responded with a flag with a picture of the canon and a simple legend, come and take it. [applause] t