I believe 5 percent is what we were debating at the time.
It seems to me again it is not our business here to hire and fire people at the SEC, but in light of what went on it seems to me that people...
The Committee will review the Inspector General's Report on the Commission's failure to stop the Stanford financial fraud in a timely manner...
Flood insurance provides critical assistance to 5.5 million families and businesses--insurance to help them recover from flood damages.
Senator Shelby and I worked together on flood insurance reform legislation to put the NFIP on a stronger footing for the future.
I have to find out where the tipping points are politically before I can get something done.
I thank you for that and thank Senator Shelby.
In the Madoff hearings, stats, I asked for there to be reports every 3 months from the SEC.
I guarantee you in my absence Senator Shelby will want to be informed, Senator Johnson will be, and other Members of this Committee.
Those three hearings contributed to reforms we included in the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Senator Shelby made a very good point in his opening statement, in drawing a distinction between the Madoff case and this case.
I hope that this hearing will provide the Committee, the Senate, and the American public with a clear view of how such a large and audacious...
The Dodd-Frank bill was one step in a long journey to righting this ship, giving the SEC more power, doubling its funding over 5 years, and ...
I appreciate again you holding this hearing and look forward to the Inspector General.
I think we go from $1.1 billion in this fiscal year to $2.25 billion by 2015.
Regulatory oversight is a prime responsibility that this Committee takes seriously.
We need to know exactly why evidence of fraud was not more thoroughly pursued.
the Flood Insurance Program was established with the goal of promoting the wise use of floodplains
