Over the past year, the Fed's balance sheet has increased to $200 billion and now stands at over $2.5 trillion.

The Dodd-Frank party, I believe, is over. Unfortunately, our economy is now preparing to pay the tab.

Do you believe that you are better positioned now than you were 2 years ago to deal with the failure of a large bank?

It appears that many of the deadlines in Dodd-Frank are not realistic.

For lobbyists, lawyers, and Government bureaucrats, Dodd-Frank is providing to be a gold mine.

Last year, Congress passed the Dodd-Frank Financial Reform Act, as the Chairman has mentioned.

The President declared that the Act would provide certainty to our markets and lift our economy to a more prosperous future.

I find the Secretary's comments interesting given his strong support of Title 1 of Dodd-Frank when we went through this.

Eight months later, the sober realities of what Dodd-Frank will mean for our economy, I believe, are now setting in.

One of the hallmarks of our regulatory process is openness.

Unfortunately, House Republicans seem determined to undermine these efforts.

This funding is critically needed.