I certainly hope his good work will not be discarded but in fact attended to because I think he set us on the right path in terms of U.S. technology policy.

this tool is unprecedented and there is lots of transparency and accountability.

I have introduced a bill, the Federal Cost Reduction Act, to make that statutory, just in case other people go away, and would double that goal over the next 5 year period.

Thank you and Mr. Chairman, I hope you will join us in that legislative effort because I think it is a good bipartisan piece of legislation that could actually save us some money and codify what Mr. Kundra has so ably begun.

Every single Republican in the Senate signed that letter you referenced saying they will move to block any nominee of the President's; so if we can't win legislatively, we're going to use other mechanisms to make sure that your mandate is…

I deeply regret that because I think you could provide enormous visionary leadership in protecting the consumers of America, and I deeply regret that one party decided to make that a partisan issue rather than try to come together and find…

Thank you, Mr. Chairman.

We don't believe you ought to be raising taxes right now in this recession, in this economy.

Is there a mechanism within the Federal Government for exchanging best practices, experiences, tapping into the private sector expertise and the like?

We want to break down the stovepipes here so that we are sharing experience and intelligence across agencies to try to deter the threat.

I hope the chairman heard that, very good and extremely important questions, Mr. Chaffetz.

At the same time, I think we also need to recognize we need to preserve people's individual liberties...

I certainly agree that cybersecurity is perhaps the largest growing single threat both to American infrastructure and to national security.

A core objective of the Bank is to support American jobs.

I am passionate about deficit reduction.

We still have time to do this, but will we? That is really the question.

I think we are approaching the most predictable financial crisis in our lifetimes.

I always like to continue to point out that while there were a number of challenges around perhaps Dodd-Frank, Title I and Title II, I think, with the support of the Chairman and Ranking Member, got 95 votes.