Political Quotes

“first, I thank Senator Dodd for his leadership on the Banking Committee. I worked with him, as he said, day-in and day-out, and this is the fourth year of his chairmanship. We have achieved a lot together in a bipartisan way. Both sides of the aisle are working together for a common goal. We share a lot of these goals. What are some of the goals? Ending bailouts. Senator Dodd and I both believe that nothing should be too big to fail--financial institutions and, I believe, manufacturing and anything else. Nothing should be too big to fail. We are working toward that end. Protecting consumers. We are very interested in a consumer agency. We want to balance that, while protecting the deposit insurance fund and so forth. Regulating derivatives. Let's be honest, they played a big role--a lot of them in the closet, unknown, and so forth--in our financial debacle. Derivatives are used every day legitimately by so many of our businesses, not only in America but all over the world. So we need to regulate derivatives while protecting jobs and our economic growth. It is a common desire. Details matter here.”