Christopher Dodd actually said...

"We need to reform it. We need to give them a single--the bank regulators need to have a single mission focused on safety and soundness, and we need a new consumer protection agency whose sole mission ..."

"I think all of us would tell you up here, and I am sure you are aware of this, as well, that from our community bankers and, for the most part, the credit unions in our State acted very responsibly th..."

"The problems that we had in the mortgage market--exploding ARMs, rising loan balances, credit card tricks...are just unacceptable for us in the future."

"I have championed as well, and that is, an independent agency whose job it will be to ensure that American consumers are treated fairly and honestly."