Tom Carper actually said...

Treasury, and the IRS should remove impediments to audits of large partnerships, like hedge funds, 99 percent of which today escape IRS audi...

I want to thank Senator McCain and his staff for their hard work in making today's hearing and our bipartisan report possible.

Federal financial regulators should make clear to banks that participating in abusive structures designed to avoid leverage limits and taxes...

Congress and financial regulators can and should work together to stop these abuses.