Katie Porter actually said...

"And Ms. Haggerty, you have complementary but not identical ideas about how to reduce the gap in PBGC's projections."

"I think a reasonable conservative view is appropriate."

"The proposed regulations are inconsistent with our understanding of the statute, inconsistent with previously published PBGC guidance."

"I think that one of the major justifications for getting the Bureau put to work quickly is I think we have gone from, as you said, cultures of over-levering to just sort of cultures of panic."