"I think we go from $1.1 billion in this fiscal year to $2.25 billion by 2015."
"Senator Shelby made a very good point in his opening statement, in drawing a distinction between the Madoff case and this case."
"It seems to me again it is not our business here to hire and fire people at the SEC, but in light of what went on it seems to me that people may have left."
"The findings of the SEC's gross negligence in the IG's report are not the only troubling aspect of the SEC's conduct in the Stanford case."
"Those three hearings contributed to reforms we included in the Dodd-Frank Wall Street Reform and Consumer Protection Act."
"we need leadership out of the real estate community and others to help step up on these matters"
"The Committee will review the Inspector General's Report on the Commission's failure to stop the Stanford financial fraud in a timely manner."
"Flood insurance provides critical assistance to 5.5 million families and businesses--insurance to help them recover from flood damages."
"I have to find out where the tipping points are politically before I can get something done."
"I hope that this hearing will provide the Committee, the Senate, and the American public with a clear view of how such a large and audacious fraud was allowed to perpetuate and to grow and what is bei..."
"the Flood Insurance Program was established with the goal of promoting the wise use of floodplains"