"You have got to have a confirmable nominee, and we have got to get someone in place."
"the Dodd-Frank Act also calls for the largest and most systemically important banks to meet higher capital requirements."
"It is a great question to ask, Mike, on this, because for years, in fact, it was the independence..."
"We cannot legislate morality, and goodness knows we cannot legislate wisdom."
"There will be people out to get rid of it."
"Thank you very much, Chairman Bair, and thank you again for your tremendous involvement over these many, many months."
"we are well on our way to putting this, 'badly needed' Dodd-Frank Act into effect."
"But like the Glass-Steagall Act and the Securities and Exchange Act, it will require very good, competent, energetic regulators."
"We have established an early warning system so that we never again find out that a financial product or practice is unsafe only after it has already undermined the stability of our economy."
"It was never my intention to have the U.S. Senate, the House of representatives, or the Congress as a whole do the job of regulators."
"What we have done with this legislation is to eliminate the gaps, the overlaps, and the shortfalls that allowed some financial actors to game the regulatory structure."