"What has happened, Senator, and that question is a very good one, is that many nonbanking institutions have, in effect, invoked the shield by aligning themselves with national banks."
"Stronger consumer protection could have stopped this crisis before it started."
"The proposal here to put a floor rather than ceiling on the impact of Federal regulation, I think is a very important one."
"This proposal would create a new agency, a very strong financial products watchdog and guardian."
"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 Wall Street firms."
"This financial State partnership was riven and destroyed by excessive resort to Federal preemption."
"Creating a new agency to fight consumer cons and abuse in alliance with the States, the Federal Government can muster more potent and proactive policing and prosecution."
"What changes is society, not the Constitution, and there are certainly, as we all know, problems that come up in our society that the Framers had no idea of."
"I had a conversation with my Senate colleague from Texas, Kay Bailey Hutchinson, recently, and she was talking about this great interest she has in this, a light or high speed rail system between Hous..."
"As Chairman of the Senate Banking Committee, which has jurisdiction over Federal transit and housing programs, I intend for the Committee to lead the discussion about how we can create a transportatio..."
"The President is always right."