"We do not need it and it is causing us far more damage than any good we get for it."
"Colin Powell has never been a Member of Congress, and he is a person who I think America has confidence in on national security matters."
"That is not a great track record."
"I think you have said that you look at these matters case by case and you make a very specific fact-intensive determination based on the particular circumstances of each case, correct?"
"This is wrong. We know this material. This is wrong."
"The fact that over and over and over again career prosecutors resigned rather than pursue prosecutions under the military commissions as they previously existed is a sign that something really was wro..."
"I would urge you to take a look at the way in which the counsel for folks at Guantanamo are treated."
"This proposal would have corrected an anomaly in the Bankruptcy Code that prohibits judges from modifying primary residence mortgages the way they can modify every other type of contract."
"Yes. That is true in politics, also."
"Much of the responsibility for setting standards would remain with the Federal Reserve, which raises serious concerns given its failure in recent years to identify serious risks to our financial syste..."
"We need to be thoughtful and deliberate in our approach, but we need to act soon."
"Many of us in Congress, led by Senator Durbin, tried to include in the TARP legislation a provision that could have kept millions of families in their homes at zero cost--zero cost--to the taxpayers."
"As the President's plan evolves, if it is not modified, the Federal Reserve essentially would be the direct regulator of most of the major financial institutions of the country."
"There seems to be a consensus emerging among regulators and many in Congress on the need for a Council to address risks in the financial system."
"I just want to observe that it takes a bold legislator to want to go back into that blasted wasteland, and I'm delighted that you are doing it."
"Well, it has been a long ordeal for our witnesses. So, all I will say is that we look forward to your practical, forward looking and optimistic voices around here."
"You can't get credit if you don't have a job."
"We have got to move aggressively on both fronts."
