Daniel Akaka actually said...

"the Dodd-Frank Wall Street Reform and Consumer Protection Act establishes long overdue requirements for simple, meaningful, and relevant disclosures about the cost of sending remittances."

"This is a great day for America and the American people."

"I am also proud to have included an amendment in the Dodd-Frank bill to provide clarified SEC authority for pre-sale disclosures for financial services and products."

"Thank you very much, Director, for your statement."