We must reinvest in our public housing stock to ensure that this housing of last resort is always available to those who need it most.

I thank Chairman Spratt and the Members of the Committee for allowing me to testify on this important legislation.

Funding for the Trust can also be used to help us make good on our long-overdue promise to provide safe, decent and affordable housing to the millions of Gulf Coast families still being affected by Hurricane Katrina.

a budget should be more than just a list of programs and dollar amounts--it should reflect our values as a Congress.

I urge the Committee to account for this aggressive budget authorization.

But in modernizing the statutes, I'm determined that we do not do so in a way that diminishes the voice of minority broadcasters.

I do not want to see small broadcasters, minority broadcasters, out of business.

There is no doubt that the Committee must step up to the plate and update the copyright laws to reflect the fact that musical performances are shared today in ways that were never envisioned when the copyright laws were last updated.

No bill is a perfect bill and rarely is a bill enacted exactly as it is introduced. But H.R. 848 provides us with a good starting point.

Today's hearing on the Performance Rights Act of 2009, H.R. 848, is an important first step in finally addressing an issue that has remained unsolved for a number of years.

Let me also say, to Mr. Newberry, I think you have made an excellent case here today, but none of us, I think, believe that performance artists don't deserve to be paid.

Most of us believe that, when these radio stations play this music, that there are people that still go out and buy records.

Am I to understand that, say, the big copyright holders who invest and who promote and who charge the artists for every aspect of the promotion and whatever they do, they are not getting a return on investment?

So they're not deducting this from the artists' earnings at all?

So you are about to introduce a lot more money under the TALF, is that right?

Yes, I just want to know, how much do you have authority to deal with? Where does it come from?

So how much interest have you received since September and October?

How do you determine whether or not this money has been effective?

Let me thank Mr. Bernanke for being here today.

I think it is important for us to understand why you paid yourself fees on the money that we gave you.

Approximately 5 million Americans have Alzheimer's disease, and the majority of them live at home under the care of family and friends. It is estimated that 60 percent of Alzheimer's patients are likely to wander away from their homes…

I would like to thank Wells Fargo for the response that you gave me when I brought to your attention how poor your loan modification work is under your servicing company.

I have been through the red-lining fights. I have been on the fights of discriminatory practices over the years and a lack of business lending and available capital to small and minority businesses.

Let me just say to our captains of the universe who are sitting here before us that it seems that, all of my political life, I have been in disagreement with the banking and mostly financial services community because of practices that I…

The taxpayers of America are very, very upset about the fact that they allowed the banks to borrow their money.