I want to thank you very much for holding this hearing.

We do not view this as a partisan effort. We believe this is a nonpartisan effort, and I think the process that Senator Udall established to fill this vacancy is one that could be a model for the entire country.

I want to thank Senator Udall, in particular, for his leadership in approaching what should be, and was, in our case, a bipartisan effort to find the very best person for this vacancy.

all of the Members of this Committee are involved in the industry discussions around potential kill switches that Senator Crapo mentioned before

This may be the most needless tragedy that I've seen since I've been here.

It's one of those things where it doesn't even feel like it's a gray area. It feels to us like it was a flashing red light.

I think Senator Alexander hit the nail on the head. It's a question of clarity, of what the roles and responsibilities here really are.

It should have been a red flag that was followed up on, and it wasn't.

I have asked my Colorado bankers to pull that information together, how many pages, how many lawyers, how much money are they going to spend.

I'd say that I really appreciate your concern over the PBGC premiums and what that does on medium and smaller companies.

Most people don't realize that that's really not going into the PBGC trust fund. That's actually going to the highway trust fund now.