Charles E. Grassley: “I want to air some disappointment that I have regarding the process of this hearing and underlying documents.”

Mr. Salmon, you testified that this nation's fiscal situation is very bad.

In today’s digital age, a handful of dominant companies control what Americans can buy, hear and say online.

America needs to play in this space for a variety of reasons, whether it is clean air, whether it is just creating jobs for the new economy.

The temptation will be to then loosen lending at the same time, which will lead to disastrous results.