Edward Royce actually said...

"We need layers of protection--capital is one part of it, but multiple other layers are absolutely essential to protect the American taxpayer, our financial system and our economy from this ever happen..."

"If we are going to assume that you have special powers-- shouldn't we at least assume that you would be able to get to the bottom of a leverage ratio and enforce it?"

"I think to get back to the solution at hand, I would like to have you sort of just revisit this."

"I think that this is one of the reasons why some of us have a problem with a strategy that ended with now several years after the crisis we now have 5 of the largest banks holding 52 percent of all U...."