Edward Royce actually said...

"You told the committee in November that if the economy were to deteriorate in a significant way, potentially anything, including negative interest rates, would be on the table."

"The latest stress-test scenario that was published by the Fed includes this scenario where the rate on 3-month U.S. Treasuries drops below zero from the second quarter of 2016 through 2019."

"This timing is interesting because it comes at a time when the European Central Bank and the Bank of Japan have both instituted these negative interest rate policies."

"Thank you, Mr. Chairman."