Ben Nelson: “Thank you very much, Mr. Chairman. Let me add my appreciation to both of you and to the men and women in service who are…”

We're at a crisis. We're running out of money and we need to do this as a core function of government.

Dodd-Frank contained critical protections to ensure that non-financial end users who use futures contracts in a legitimate manner to hedge against higher prices would not be hampered by unnecessary regulations.

If there were trust, then it would be much easier for the oversight to move away from transactional to more directional.

How are we going to make it work? How are we going to, over a longer strategy, make the dollars work to meet the obligations we've undertaken?