"Those three hearings contributed to reforms we included in the Dodd-Frank Wall Street Reform and Consumer Protection Act."
"I guarantee you in my absence Senator Shelby will want to be informed, Senator Johnson will be, and other Members of this Committee."
"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 Dodd-Frank bill was one step in a long journey to righting this ship, giving the SEC more power, doubling its funding over 5 years, and having periodic GAO reviews."
"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."
"I thank you for that and thank Senator Shelby."
"I appreciate again you holding this hearing and look forward to the Inspector General."
"In the Madoff hearings, stats, I asked for there to be reports every 3 months from the SEC."
"Senator Shelby made a very good point in his opening statement, in drawing a distinction between the Madoff case and this case."
"I believe that the SEC's gross negligence with respect to the handling of the Stanford case involves even more significant failures than were present in the Madoff fraud in some ways."
"the Connecticut Construction Industries Association applauds your leadership and looks forward to working with the Committee to develop meaningful legislation to invest in infrastructure, create jobs ..."