I contend that we are on the losing end of the single greatest transfer of wealth through piracy and illicit behavior in the history of humankind, and we are doing awfully little about it.

We look forward to working with you.

It is interesting to me, as a Senator from a small New England State, to hear some of the discussion from my western colleagues...

I would love to ask Mr. White what the forecast is for the on-bill financing and what specifically we can do to help National Grid.

And if you have one of these consumer take-it-or-leave-it arbitration clauses that are in a general contract, are they limited to small dollar amounts, or do they have a threshold so that if it turns out to actually be a really big deal…

Well, thank you, Chairman, for your efforts to see that American consumers do get a fair shake.

But if it is a bigger claim and, therefore, more dangerous to the company, then that is when they push you toward arbitration under the clause?

How often do you suppose it is the business in a large-scale consumer arbitration clause that--empirically, how often do you think it is the business that loses as the result of that rather than the consumer once the--

It strikes me, Professor Drahozal, that there is a lot of import to the statement that you made--I think I have it exactly right because I wrote it down just as you said it--'nobody is going to agree post-dispute to an arbitration clause.'

We have to think beyond the traditional, and we have to do this.

The housing market is instrikibly and inevitably linked to our progress as a Nation economically in growth.

If we cannot effectively sort of deploy these regulations in a timely way, it seems to me the only stopgap for the uncertainty is increased capital levels.

I would just regret immensely if that nomination was not moved with deliberate speed.

part of the FSOC's mission is to understand systemic risk, to try to anticipate growing risk.

Until, from my view, until we stabilize housing prices, begin to deal with the foreclosure issues, we are not going to have the foundation.

I am still trying to get my hands around good old-fashioned derivatives.

Well, we need the nomination so then we can go along with the confirmation process.

Madam Chairman, I rise in strong opposition to this bill.