We passed legislation, for example, that tried to cap lending at 36 percent for active-duty personnel.
We all understand that our soldiers, sailors, marines, airmen, and Coast Guard are all making a huge sacrifice for the c...
I think it is important to point out that the cap is 36 percent.
I would like you all to comment upon the need and necessity to get it done quickly.
If there is any group of people we need to protect with vigor, it is those who have given so greatly for their Nation.
We have to contemplate, particularly after 2008, things that seem so far removed from the day-to-day practice.
But here, again, I think Senator Shelby's comments go right to the heart of what our job is.
One of the issues that was also raised by Senator Shelby is that your testimony about 300 essentially situations where t...
We have to assess a probability. And then we also have to, I think, probe, as I have tried to do...
But that essentially--I mean, we are getting to sort of what this all might ultimately rest upon--is the Federal Reserve...
I want to commend you and Ranking Member Shelby for holding this hearing because, looking back over the last several yea...
That is a possibility, and specifically it is addressed by Congress in Dodd-Frank.
A final question. I am concerned about the impact on municipal participants.
But here is the situation. You have a prominent fund that miscalculated, in the case of the experience in 2008...
So you could have essentially a system in which some are regulated and some are not.
I think that has to be acknowledged.
Do you view Iran's recent announcement that they are pursuing development of a nuclear submarine as a complicating facto...
As you know, additional U.S. sanctions are scheduled to go into place on June 28th, targeted against Iran's central bank...
