Richard Shelby actually said...

We recognize the role of the Treasury to set some policy for financial regulation. But ultimately, it is going to be the Congress up here.

I hope you won't quit. I think your honesty and your candor here is very important.

I would think that if you look at the record here of the failure of the regulatory bodies, that all roads seem to lead to the Federal Reserv...

we have yet to implement a sanctions regime that produces the desired result.