Paul S. Sarbanes: “In my view, it portrays clearly unacceptable practices on the part of a number of short-term lenders.”

I am pleased to join with Senator Cardin and Senator Mikulski sending in a letter in very strong support of Sarah Bloom Raskin to go on the Federal Reserve Board.

Yes. They have built up these currency reserves, very strong positions. And we owe it. We owe it.

I thank Senator Mikulski.

In Maryland there would actually be a $2.73 billion loss in property values related to the wealth of Maryland residents.