"Do you have any concerns, Dr. Volcker, that if the Fed assumes too many responsibilities, its ability to conduct monetary policy could be undermined?"
"The GSEs, I think, if I may say so, with the connivance of the Congress, were considered to be something special and they would be protected."
"And what are your views on the separation of monetary policy from banking policy along the lines of the reforms that were enacted in the United Kingdom in the late 1990s that gave banking regulation t..."
"In the area of forensic science, Mr. Secretary, in February 2009 the National Academy of Sciences published its investigative report, quote, 'Strengthening Forensic Science in the United States: A Pat..."
"The Madoff fraud is disturbing, as Senator Dodd said, on several different levels."
"I can't think of a single thing he's done that's been a more comforting and bipartisan act of leadership than retaining you as Secretary of Defense."
"I would be deeply skeptical about additional U.S. forces beyond those that General McKiernan has already asked for."
"This country ultimately will have to make it on its own."
"I think at that time I referred to Senator McCain as the seven billion dollar man."
"I will take that as a commitment that you will work to ensure we get the best product for the taxpayer and the warfighter."
"He cited, among other things, Madoff's unusual compensation arrangement, the inability of the options market to sustain Madoff's strategy with the level of assets he had under management."
"The fact that the regulators were put on notice through direct tips, press articles, and industry chatter raises serious questions about the state of our regulatory system."
"Senator Shelby"
"Do you believe that under normal circumstances the best value for the warfighter is what we should be seeking?"
"Do you intend to apply the best value principle to your supervision of the bid process for the number one Air Force priority, the replacement of the aging tanker fleet?"
"Recognizing the potential costs to shut down and restart the GBI production line to produce the additional missiles, beyond the 44 that will be required, when does the administration plan to make a de..."
"Our preliminary analysis of the budget that the President has submitted would indicate that he will be taking the defense expenditure from over 4 percent, almost 4.5 percent of gross domestic product,..."
"I wish you all success, and if you are fortunate to be confirmed, I know that you will commit yourself to making sure our military men and women have the best value systems that can help them be succe..."
