The Administration recognizes that the Postal Service, through no fault of its own, is facing real financial challenges.

Well, the inspector general says you've overpaid $75 billion into the Civil Service Retirement System.

The impact on our employees would be minimal, and it would occur through attrition, not layoffs.

But, I guess what I'm getting to is, tell me what your business model looks like.

Guilty, as charged.

If the SEC regards its obligation to oversee credit rating agencies as a high priority, why were you not able to devote some of the increased funds?

Some of the credit ratings that were given were misleading, to say the least.

I don't think any of us could have predicted the depth and seriousness of the current recession.

we shut down one company--and the investigation was done out of our Chicago regional office--that alone placed more than 1 billion calls offering auto warranties.

There are some in the Senate now who want us to be taken out of this process. They do not want these questions to be asked, and I think that is wrong.

I think humility suggests that there is going to be a lot we are going to learn along the way

I have joined a lot of other people in just finishing Michael Lewis' book, 'The Big Short', and it is really an eye-opener of what was going on at the time that this real estate bubble was created.

I am just wondering if there is more and more of this information that is being made available to the public.

No agency that comes before this Government should be above oversight and review.

I had hoped that we would be able to offer an amendment related to the so-called 'title loans,' or 'payday loans,' a type of predatory lending.

What I am asking you, is there any built-in obstacles to your acquiring the technology that you believe is available and that you need?

I want to ask you about a couple of issues that raise a larger question: the relationship of the CPSC to some other agencies of the Federal Government, when it comes to particular hazards.

Compensation and benefits costs represent 80 percent of the Postal Service's costs, as Senator Durbin mentioned earlier.