With all respect, I think that the Dodd- Frank derivatives title was very necessary.
I think that Title VII, the derivatives title, was necessary. I think that the American public remains exposed today and...
Just because he was in London, it was the American taxpayers that ended up on the hook for $180 billion.
We worked to comply with the cost/benefit considerations as laid out by Section 15(a) of our statute.
I am committed to take a look in November to see if there are things that we should do.
As you described it, Senator, I believe so.
I believe, for sure, I speak for the residents of the District of Columbia when I say that a great Senator has had time ...
I think what you have described is a hedge, so--and I think that is my answer.
We do believe that we have sufficient legal authority.
I think it was the clear intent of Congress that pensions would be able to use swaps to hedge their risk.
I think what we are looking at and what Congress asked us to look at is if it has a direct or significant effect on U.S....
It would be bad for the American public. We will get these rules done.
A cut to our funding would mean we could not oversee these markets.
I think that Congress took a balanced approach in Title VII and that there is going to be more transparency and more com...
Well, I think that what happened in 2008 and what was addressed by Congress was to ensure that the transparency comes to...
our most effective terror-fighting weapon.
Do you believe in majority rule? The majority wants to be represented.
It is our understanding that there is an exemption for end users vis-a-vis margin.
