Michael Bennet

That sounds to me like a big step in the right direction, and I am wondering how you are planning on sharing the results with the public.

I would appreciate that. That would be tremendous.

Thank you for having this hearing, and thanks to all of you for coming together.

I think Dodd-Frank requires a regular report from FSOC about financial stability and risks to financial stability.

Had what you are describing been in place precrisis, what are the things that you think--the macroeconomic trends that you think you might have picked up that were not picked up by the Fed?

That is why I introduced legislation, along with my colleague from across the Hudson River, Senator Menendez, called the FHA Multifamily Loan Limit Adjustment Act of 2010.

Thank you for holding the hearing. And, Mr. Stevens, we certainly will take you back in Denver, Colorado, whenever you want to come.

Our bill puts places like New York City, Chicago, Los Angeles, and Boston on an equal playing field.

The interest, I think, in this Committee about being able to see the stress testing you are doing of the models I think springs from a sense among some of us that the oversight here was not so good either.

Well, I want to thank you for all that. My time is up, and I look forward to working with you on pushing this reform legislation through.

Do you have a sense of the order of magnitude--was it 2006 through 2008? Is that the period that you are talking about?

I am cosponsoring the reform legislation that you have talked about today.

Aren't these three standards met for finding manipulation?

I think that is a very constructive suggestion and certainly one that I would support.

One of the things that I hear from my families in Colorado in this terrible economy that we are going through is once the political sound bites are done... a huge anxiety about where the jobs are going to come from as we emerge from this…

So it seems fairly clear that China has pegged its rate artificially low in order to pursue this strategy.

So my concern is that when China pegs its exchange rate artificially low, it results in a situation where they are able to sell their products at an artificially low price to the world, which means that they out-compete us, which means we…

It is absolutely in the billions and billions of dollars.

I want to reiterate my belief that, notwithstanding the recent passage of the Dodd-Frank bill, this Committee has a great deal of work yet to do.

The American people are fed up. They are fed up with bailouts, excessive debt, and oversized Government.

I believe this was a serious mistake and think this Committee must remain engaged in the hard work necessary to come up with solutions that protect taxpayers and homeowners alike.

I am thrilled that today the Senate has passed what must be a top Senate priority every day: the health and well being of our children. The Healthy, Hunger-Free Kids Act reauthorizes child nutrition programs before they expire on September…

I rise in strong support of the President's nomination of Solicitor General Elena Kagan to be Associate Justice of the U.S. Supreme Court. The Senate has no more important responsibility than to advise and consent on nominations to our…

Today I was proud to vote for final passage of the amendment offered by Senators Murray, Harkin, Schumer and Reid to the FAA authorization bill. This amendment brings long overdue good news to teachers and kids in Colorado and those…

There is absolutely no excuse for fraudulent behavior or misleading students about the quality of education they are going to get.