I believe that the nature, the human makeup of an institution is extremely important.

First, we can't assume regulatory capacity adequate to the complexity of the financial markets.

I don't think they would be difficult to implement and I don't think it would be a regulatory issue. I think it would be a management issue.

we allowed fundamental regulatory arbitrage to lead to a very difficult situation

I think that, again, the traditional roles that said a bank in a bank holding company has access to the discount window, that is where we should get back to.

I think that is the goal of many people on this Committee, maybe not everybody, but I think many people.

the 'too big to fail' is a form of implicit subsidy from the taxpayer, which lowers the cost of funding for these derivative transactions.

I do not think many people at all have been held accountable for what is going on.

the taxpayer had to step in because there wasn't enough capital in the private sector to cover the risks

So, your best recommendation at this point is to expand the scope of the regulatory process so that it is by chemical category and not just by individual chemical.

Senator Lautenberg has for a long time been a very significant champion on these health issues.

So, we want to get it right on both sides. You do not want false alarms.

It is important in the Senate for issues to have champions.

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Amendment No. 12 offered by Mr. Langevin: Page 21, line 25, insert ``, including recommendations on the…

Mr. Chair, I would just again reiterate the fact that we have some incredibly talented and dedicated men and women who work within the Federal Government already that are working day in and day out to protect what is a critical national…

I thank the gentleman for yielding. Madam Chair, I rise today in strong support of the Cybersecurity Enhancement Act of 2009. I'd like to thank Chairman Lipinski and also Chairman Gordon for their efforts in bringing this important bill to…

Mr. Chairman, I rise today to offer an amendment to H.R. 4061 that would expand private sector involvement in our cybersecurity efforts. By now we should all recognize the real danger our government faces from increasingly sophisticated…

My sense is that the essence of your proposal is not simply to prevent proprietary trading but, more importantly, to get them to start acting like banks again.