Am I glad that we had to spend this money? No. Do I share the anger and frustration that many Americans felt and continue to feel that Wall Street greed and regulatory neglect left taxpayers on the hook? Absolutely.

But he doesn't really have to be one?

Thank you for your determined and passionate and very thoughtful advocacy in these areas.

The other question in my time remaining has to do with the Lone Wolf provision which as has been indicated, has never been used.

I'm correct that there has never once been an adverse party that showed up in a 215 hearing. Not once.

What is the difference between what is required to prove that somebody is an agent of a foreign power?

I am concerned as I think some of the other senators and witnesses have been about the question of the presumption that certain things are relevant.

Rather than continue to exist in a sort of fairyland in which a burden shifts to an empty chair and we all pretend to be satisfied with that set of procedures, we should maybe try to rethink how to do that in a more logical and sensible…

And yet that remains a nominal requirement for the Lone Wolf authority, doesn't it?

It could be the butcher at the market, it could be somebody who knows them at work.

It's a pleasure, again, to be able to have the opportunity to discuss with you the safety and security of our Nation's biological research laboratories.

This has been extraordinarily shocking to all of us and your report has been extremely helpful and useful.

I presume, but I don't want to put a conclusion forward without your comment, that at least the SEC seems to be headed in the right direction now.

The Securities and Exchange Commission's handling of the Madoff case is shocking, and reveals fundamental problems with the agency's operations, organization, and culture.

I have consistently fought to give the SEC the robust resources and authority it needs to aggressively fight fraud and other abuses in the securities markets.

I hope today's hearing helps us to continue to identify the underlying issues and problems at the agency that led to this preventable travesty.

Thank you, Mr. Kotz, for an extraordinarily insightful and informative report.

How significant is it, in terms of your own investigative authorities and responsibilities as police officers, to not just have accurate scientific evidence, but timely access to it while the crime is fresh and the witnesses are around and…