Janet Yellen actually said...

"I think our objective in regulation should be to put in place tough enough regulations and capital and liquidity standards that would level the playing field."

"Thank you so much for being willing to consider taking on this role at the Fed and bringing your expertise to bear."

"While many of us believe that the Dodd-Frank Act already gives the Federal Reserve the authority to distinguish between insurance companies and banks when promulgating capital standards under the Coll..."

"Thank you for this opportunity to appear before you today."