I commend both the Senator from Delaware and the Senator from Tennessee for their hard work in this area. This is very arcane. It is difficult, but it is very important. I was hoping we could bake a whole loaf of bread, not a half…

a key part of the bill we are considering is title VII, which we all know addresses the regulation of the over- the- counter--OTC--derivatives markets. While there is still debate among us regarding the root cause of the financial crisis…

I would like to point out another bit of irony right now. Many of my colleagues who recently complained about the process regarding consideration of this bill were some of the same people who took every measure to block all consideration…

Since September of 2008, we have had to spend more than $150 billion to bail out these GSEs. By some estimates, this amount exceeds the total cost of the savings and loan bailouts that occurred in the late 1980s and early 1990s. Let me…

I rise specifically to support the important steps the Corker amendment takes to establish sound underwriting standards for mortgages. If there is any clear message from the crisis we have been through, it is that much of what went wrong…

as part of the debate on the McCain- Shelby-Gregg amendment, I wish to take this opportunity this afternoon to discuss the history of Fannie Mae and Freddie Mac from my perspective. By doing this, I want to emphasize past Republican…

My legislation creates a new regulator with combined oversight for both the safety and soundness and the housing mission of Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System. The new regulator will have general regulatory…

As long as this oil continues to pour into the Gulf, we have a real--and an unprecedented--disaster.

This oil spill could become our Nation's worst environmental disaster in decades.

We need to ensure that techniques utilized in recovery efforts are safe and that we protect our environmentally sensitive areas.

Simply halting all offshore development, I believe, will not address our energy needs and would immediately increase our dependence on foreign oil.

I rise today to discuss the amendment that Senate Republicans are offering to greatly improve consumer financial protection. This amendment recognizes that our existing financial regulatory system fails to adequately provide consumer…