Richard Blumenthal actually said...

We can't have a functioning economy if Harry and Louise can't safely invest and borrow without fear of being cheated by greedy banks and Wal...

This proposal would create a new agency, a very strong financial products watchdog and guardian.

The proposal here to put a floor rather than ceiling on the impact of Federal regulation, I think is a very important one.

I think there is some agreement that certain products should be banned.