Paul S. Sarbanes: “I strongly urge her confirmation by the Committee.”

In my view, it portrays clearly unacceptable practices on the part of a number of short-term lenders.

Warren Buffett has warned us that derivatives are time bombs, both for the parties that deal in them and the economic system.

I would very much hope the administration would listen to that.

I am pleased to welcome Chairman Greenspan back before our Committee to testify on the Federal Reserve's Semi-Annual Monetary Policy Report to Congress.