David Scott actually said...

"There are forces at work that don't like Dodd-Frank. There are forces at work to find creative ways of trying to do away with Dodd-Frank."

"H.R. 1355 goes right at the core of the agency to remove it from the Fed, put it under Treasury, to make it subject to lobbyist pressure."

"But here is a company that went down in 10 months. They moved from $1.5 billion in sovereign debt to $6.3 billion in sovereign debt, which is the cause of their problems."

"All right. But now, under this rule, it is illegal; it is wrong; you cannot take a customer's money now and apply it to foreign debt under the rule you just passed Monday."