Mike Crapo actually said...

"Thank you very much, Senator Reed, and I appreciate you holding this hearing."

"It is important to note that the Federal Reserve's October 2010 study cautioned that risk retention is not a panacea and that if rules are not implemented carefully by asset class, credit availability..."

"If we do not take another look at this and get the kind of flexibility that you are talking about, do you believe that we will see an unnecessary restriction of consumer activity and lending in the ma..."

"If we are going to encourage private money that is still sitting on the sidelines to return to security markets, we need to provide the appropriate balance between the strong standards that will align..."