We need a system where just because a product is new does not mean that it falls into a regulatory black hole.

I don't see, on the grassroots level, the benefits of putting billions of dollars into financial institutions.

As a result of the hearings that we held, Senator Lieberman and I introduced a bill that directed the CFTC to establish position limits.

Worse, the deficit level will be rising--not shrinking--toward the end of the 10-year period, reaching 5.7 percent in 2019.

I would argue that the credit default swaps were more like an insurance product.

I am troubled that the President's budget proposes to double the debt in 5 years and triple it in 10.

It troubles me that banks have received billions of dollars without having to demonstrate that they've increased lending.

But initially, the upfront cost is more to do construction. Correct?

I think when Bear Stearns failed, its leverage ratio was an astonishing 30:1.

How is the SBA going to ensure, when you have over 5,000 lenders and 270 certified development companies that are making loans, how are you going to ensure the integrity of that process when your nondisaster staff is shrinking?

As we all know, small businesses are the backbone of our economy.

Are you looking, as part of your reforms, on combining the OTS with the OCC? That's what my bill does. And needless to say, I think it's a brilliant idea and needs to be done.

I introduced a bill in March to create a council of regulators to act as a systemic risk monitor.

We want to have a level playing field, more conservatively set, more evenly enforced across the U.S. financial system.

I am getting very involved in this myself.

I know personally how valuable those centers can be in providing advice and guidance, which can be at least as important--well, maybe not as important, but almost as important as money to a new business or a business that is thinking of…

The administration did not follow the priorities set forth in the judiciary's 5-year courthouse project plan.

I think that the whole issue of leveraging preparers is going to be part of our tax gap strategy.