I think that most people listening to that ad would think that General Motors had repaid all of the taxpayers' investment into the company.

Don't you think that the impression left by that television ad and by your statement is that the taxpayers' burden has been lifted and GM has repaid all the money it owes?

we need to take a hard look at the effectiveness of these policies.

I think we can all be happy that GM is beginning to repay the money.

It really concerns me that we've yet to tackle these Government-sponsored enterprises. They played a critical role in the collapse of the economy.

If, in fact, as the special inspector general for TARP has told me, GM has used one pot of Federal money to pay back another Federal loan, then I think it is very misleading.

And when do you expect that you will present a plan for reform?

Shouldn't we be tackling reform of Freddie and Fannie?

Well, let me end this round of questioning by going back and reading you the exact words in the GM commercial that is running now, 'That is why I'm here to announce we have repaid our Government loan in full, with interest, 5 years ahead…

we now all realize that our regulatory system was outmoded.

The problem is--you brought up the FHA--I just read that the losses for that agency are actually going in the wrong direction; they're going up.

I'd like to thank the gentleman for yielding. I rise today in support of this amendment. This is a bipartisan effort to ensure that our troops are outfitted with American-made goods as much as possible. Under current policy, clothing items…

I am going to bring up one of those kinds of questions right now too.

But why has there been no action for 2 years since the comment period--more than 2 years?

This is such a complex and important issue. We clearly need more transparency.

I think it is so important.

I have had a great interest in seeing the Commission establish position limits to apply to the energy markets.

I think it is really important that we try to be as inclusive.