Concerns of spillover from the European crisis remain front-and-center in the U.S. economy.

Soldiers and their families have got to live like all of us, and under difficult circumstances.

Today the Committee will continue its oversight of the available protections for our servicemembers, veterans, and their families in the consumer financial marketplace.

One problem is the disruption caused by overseas deployments and other relocations.

I think that most of us as policymakers would want to make sure that our soldiers are not cutoff from credit arbitrarily or maybe unintended, but work that way.

My question today basically is: About how many servicemembers have been helped by this settlement?

In response to this challenging problem, several agencies have recently taken action.

Some have argued that a product that seeks to maintain a stable net asset value while investing in instruments that can decline in value is essentially maintaining a fiction.

I also sitting up here as a Senator want to make sure that the taxpayers do not have to bail out anybody.

runs with potential systemic impacts on the financial system

These actions have increased the expectation that the Federal Government will support the money market industry again with taxpayer dollars in times of crisis.

The reason that the NAV is solid at a dollar and not a gimmick or whatever is precisely because of the portfolios and the credit work to hold the maturity.