mr. hinojosa, five minutes. >> mr. dimon, thank you for your testimony. the recent j.p. morgan loss comes at a time when we have many in your industry complaining about the new regulations put in place with the dodd frank wall street reform act. for good situation the loss has pressed the pause button on the constant stream of attempted roll backs to dodd frank. it seems to me that with the recent conviction of a prominent wall street corporate director, wall street firms do not seem to be going out of their way to restore trust with the american people. i understand that j.p. morgan will still turn a profit this year. but the size of the loss and the complexity of the trades in macro hedging that caused the loss still gives cause for concern. there needs to be an evaluation of not only prudent regulations, but also the broken culture on wall street. a culture that some believe provides perverse insent i haves to play fast and loose with other people's money. after the crisis there should have been major self-reflection and reelves of wall street. mr. dimon, looking back

mr. hinojosa, five minutes. >> mr. dimon, thank you for your testimony. the recent j.p. morgan loss comes at a time when we have many in your industry complaining about the new regulations put in place with the dodd frank wall street reform act. for good situation the loss has pressed the pause button on the constant stream of attempted roll backs to dodd frank. it seems to me that with the recent conviction of a prominent wall street corporate director, wall street firms do not seem to be going out of their way to restore trust with the american people. i understand that j.p. morgan will still turn a profit this year. but the size of the loss and the complexity of the trades in macro hedging that caused the loss still gives cause for concern. there needs to be an evaluation of not only prudent regulations, but also the broken culture on wall street. a culture that some believe provides perverse insent i haves to play fast and loose with other people's money. after the crisis there should have been major self-reflection and reelves of wall street. mr. dimon, looking back

mr. hinojosa of texas, sent a letter to education work force committee chairman mr. klein in february asking that the question be taken before the committee to prevent the student loan interest hike. it's unfortunate, madam speaker, that the majority in the house of representatives does not appear to understand or share this urgency. there are 10 days left in june and we are only scheduled to be in session for five of them. as of right now taking lax to stop the doubling of the student loan interest rate is still not on the house's legislative agenda between now and the end of the month. in fact, addressing the issue is not part of the majority leaders summer legislative agenda. and it was reported that speaker boehner privately called the issue a phony issue. so let's make no mistake about it, this is nothing phony for the millions of students who will be impacted and see their rates double in july. madam speaker, since the house majority doesn't appear ready to move forward on this issue, we have to take this action today to defeat the previous question so the rule

mrs. lummis: thank you, madam chairman. i first want to thank my colleague, representative hinojosa from texas, for joining me on this amendment. here's an undisputed fact. today the united states imports more than 90% of our uranium from foreign countries. some of them don't like us very much. we have an ample supply of uranium in the west and across this country. a lack of supply is not the problem. we import that much uranium for two reasons. first, because accidents that happened decades ago cooled interest in nuclear energy in our country. so companies slowed down their production. but here's the second reason. just as domestic energy began to recover from these disasters, our own government started dumping into the market excess uranium it had stockpiled. d.o.e. uses the stockpile to raise funds for itself for various purposes. a fact that this appropriations subcommittee has been concerned about for quite some time. every time the federal government dumps its excess stockpile into the market it depresses the price of uranium. depressed uranium prices halt private investment in domestic mining and conversion and hurt ame