I looked forward to working with them. And no response.

TARP has helped our private industries; it should also help our local communities.

these were very conservative investments, and these public entities are required by law to spread out their portfolios and have a very safe place to hold the taxpayers' money.

one of the purposes of TARP is to help local governments, especially those impacted by the decision to allow Lehman to collapse.

the bill that Congresswoman Speier introduced, and I am proud to be an original cosponsor of, is very direct.

Many don't realize that that language is now the law, and it is very specific. It is section 1037.

I have always adhered to the following, and that is that life is not tidy.

Thank you, Mr. Chairman, for that wonderful added note to you, to Ranking Member--

I think the hearing is necessary so that any discussion concerning the financial losses of the public entity victims of the Lehman bankruptcy can be put into appropriate context.

If we want our national economy to rebound, our local economies cannot be left behind.

We need to return these dollars to them. We have a law that is clear.