Right now, our project development systems in the country, it is like a car moving slowly down a bumpy road.

Some of the Republican proposals for permitting are the equivalent of trying to fix the car by throwing out the brakes and the steering column.

the Fed continues to stonewall Congress, stonewall the public, on the underlying information about these trades.

It is to say pull back on this regulation and give a green light for massive and undiversified growth.

the loosening ends up having multiplier effects, that once you loosen a little bit you lose other discipline in the system.

S. 2155 weakened the rules and the supervision for these banks like SVB and opened the deregulatory door for the Fed to drive a truck through.

Twenty years ago the GAO came to Congress, long before I was here, long before Senator Kennedy was here, and said, 'Change it because it is a mistake.'

the tailoring rules meant that Silicon Valley Bank, for example, did not have to do a lot of incredibly important things.

So let me just get this straight. Two-thirds of the people that oversee each of the Reserve banks, and hand-pick the leadership, are elected by the very same banks that are regulated by the Reserve bank, and three of those people actually…

That does not make sense, to be honest. And that is a remnant of a really stigmatizing approach to the treatment of people with opioid use disorder.

This is the most severe ethics scandal in the Fed's 110-year history, yet other than a few officials taking an early retirement we have seen no accountability.

One of the four causes of SVB's failure, that the Fed report identifies, is the 2018 law that Republicans, with the help from some Democrats, passed.

the Fed should have used its authority to apply stronger rules to banks with more than $100 billion in assets.

I think that the proposal from you and Senator Scott, which I have reviewed, does not go as far as I would like.

A vision without funding is a hallucination.

So let me just get this straight. Two-thirds of the people that oversee each of the Reserve banks, and hand-pick the leadership, are elected by the very same banks that are regulated by the Reserve bank, and three of those people actually…

Social media is implicated.

Thank you very much for your leadership and support for S. 462, because I think the workforce shortage issues are really key.