mr. canseco, for an opening statement. >> steering on the oversight of an important federal agency. my hope is today's hearing introduces an important question. did the dodd-frank act institutionalize too big to fail or did it level the playing field and does allow a taxpayer bailouts that some politicians and regulators have argued? are am concerned recent developments including market data showing borrowing costs currently much lower at big banks and continuing question surrounding the fdic's new authority lead us to believe that too big to fail is very much alive and taxpayers could again be asked to pick up the bailout tax in the future. i look forward to hearing from chairwoman sheila bair on this important and ongoing issue. >> i would like to recognize our newest member, welcome to the subcommittee, mr. fisher. >> thank you for coming today and taking time for us. it is a pleasure to be here to discuss the issues and concerns regarding the fdic and its role during the financial crisis. as the newest member of the financial services committee we are pleased to have the opportu

mr. canseco: mr. speaker, many in texas and in my district can -- can't seem to understand the president's decision. governor perry intends to appeal the president's decision, and i hope the president will consider. thank you. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from arkansas seek recognition? without objection, the gentleman is recognized for one minute. >> thank you, mr. speaker. i rise today to bring everyone's attention to the extraordinarily destructive storms that have raged throughout the south, particularly in my home state of arkansas. in my home state we have seen flooding and tornado damage wreak havoc on local communities. we have seen the lives of our loved ones tragically taken before their time. last week i personally surveyed the damage in central arkansas in my district. and a little town of villonia, 70 homes were destroyed and additional 50 were damaged. i toured little rock air force base and saw the average to structures t