It was never my intention to have the U.S. Senate, the House of representatives, or the Congress as a whole do the job of regulators.
What we have done with this legislation is to eliminate the gaps, the overlaps, and the shortfalls that allowed some financial actors to gam...
it is essential that the liquidation rules make clear to equity shareholders and unsecured creditors that they, not taxpayers, are at risk w...
But like the Glass-Steagall Act and the Securities and Exchange Act, it will require very good, competent, energetic regulators.
Thank you as well for your insistence over the years on financial literacy.
Getting people familiar with just basic math techniques and balancing a checkbook... can contribute significantly to this.
the Dodd-Frank Act also calls for the largest and most systemically important banks to meet higher capital requirements.
In my view, history will record that your involvement and your participation helped save this country, and so I appreciate very, very much w...
The work is not done at all. Hardly a mission accomplished.
We cannot legislate morality, and goodness knows we cannot legislate wisdom.
There will be people out to get rid of it.
It is a great question to ask, Mike, on this, because for years, in fact, it was the independence...
if under the insourcing review DOD determines that a function would more appropriately be performed by Federal employees, or that DOD could ...
I hope that it's now systemic in the thinking within DOD, as well as in the branches of the military, to think in terms of jointness and red...
Thanks, to Secretary Gates, for initiating this series of moves, which I support.
I'd like to ask about your efforts to reduce the Department's reliance on services contracts.
I would hope my colleagues would take a look at this in the next 2 weeks.
the absence of capital and the needed availability of liquidity that this Administration does support an extension for another year.