Brad Sherman actually said...

"I am flabbergasted that it has taken until now for you to propose regulations to say that banks have to recognize unrealized losses on held-for-sale securities."

"It concerns me to hear your opening testimony when you describe how these regulations are a response to the 2008 crisis. It is a little late to be writing regulations in response to the 2008 crisis."

"You are doing a tiny step forward when you had a massive crisis thought to be a risk to our entire economy."

"The question is, will I still be alive when you write regulations responding to the 2023 crisis?"