I think that the blame has to be taken where it is in the Administration, and that's who we're going to hold responsible.
I would like to apologize to the witnesses and to others who have come to this important hearing, and I just want to say for the record that...
I am pleased to be serving with our new subcommittee chair, Representative Jeffrey Denham.
I think that they will benefit from the transparency from the marketplace, and we have put out a proposed rule...
I think Congress recognized markets work best when not only are they transparent, but open and competitive.
I think the threat is the other way. Clearing lowers risk to the whole economy.
I thank you for inviting me to today's hearing on implementing the Wall Street Reform and Consumer Protection Act.
Proposed rules on margin shall focus on transactions between financial entities rather than those transactions that involve non-financial en...
I think it has extended it across a 24 hour timeframe, and that there are more news events that can move a market overnight.
We do not regulate prices or the level of prices, or volatility itself, but we have to ensure that the markets have integrity.
I think that through the extensive work that Congress did in its oversight and putting together the Act...
I believe we have the authority not to impose it, and that is what we plan to do if I move forward.
Speculators and hedgers each meet in a marketplace and both have roles in the marketplaces.
We put out proposals on position limits to use the authority that this body--and in fact, this Committee was probably the first Committee th...
I think you would have to ask the Secretary of the Treasury what he is going to do on that, with all respect.
I think transparency enhances liquidity, not diminishes liquidity, but they would take the other side of that, and I respect that we might h...
I believe as long as we follow Congress's mandate that the blocks are delayed and second, that we protect that the confidentiality of the pa...
We are concerned and disappointed that the CFTC is using the Dodd-Frank legislation to not only implement a regulatory regime for previously...
