I appreciate hearing that CMS is taking an innovative approach to dealing with our Medicare issues.

It is my hope that this hearing can serve to reignite discussions on how to proceed with reform of our Nation's housing market.

Both the SEC and the CFPB were created after significant downturns in the financial markets.

I appreciate the fact that you mentioned the JOBS Act and place those regulations as a top priority.

I too want to stand to congratulate the House for their passage of the Violence Against Women Act. I thank the Senator from New Hampshire for her kind remarks. I am honored to have worked on this bill with Senator Leahy and my other…

Thank you, Senator Reid. I rise today to thank Chaplain Ronald L. Derrick for joining us today to offer the Senate's opening prayer. I am honored to have the privilege of welcoming this esteemed Idahoan to the U.S. Senate to serve as our…

We must do all we can to restore confidence in not only our financial system, but also in our ability as a country to tackle long-term challenges in a responsible, bipartisan manner.

It is unacceptable that we are lurching from one manufactured crisis to the next, and Americans have had enough.

I completely agree with him.

Without a fix, automatic spending cuts will take effect in just a few days and could send our economy into reverse at a time when we should continue moving forward on creating jobs.

Can I have your commitment that each of your agencies will act on GAO's recommendation to incorporate OMB's guidance on cost/benefit analysis into your proposed and final rules as well as your interpretive guidance?

We need to correct that, and I look forward to working with you in partnership on that.

I agree with that. I think that we would have been hard-pressed to create a tax code, if we tried, that was more unfair, more complex, more expensive to comply with, and frankly more anti-competitive to our own business interests, than we…

I view tax reform... to be a key part of that, not because of the need to raise revenue...

I appreciate the opportunity to be here today to highlight my support for a program that is improving life in Idaho and across the Nation--the Violence Against Women Act. I appreciate joining my colleague Senator Leahy, who will be here on…

Thank you very much, Mr. Chairman. I appreciate you holding this important hearing today.

Let me follow up on the kill switch question.

Thank you very much. I really appreciate the testimony of these witnesses. It has been very helpful.

More than half of all U.S. households, 57 million, according to one study, participate in our markets through either stocks or mutual funds.

I think that the bar for approving new order types needs to be revisited.

What do you think the top two or three issues or solutions to these issues that we are discussing here should be, the SEC should consider in its October roundtable?

we really do need a consolidated audit trail and a set of regulators that can actually look over this stuff

The SEC is, I believe as Senator Reed said, hopelessly outgunned.

I thank my friend from South Dakota for this important clarification. This is an important issue, particularly in those limited high-risk areas where surplus lines insurance serves as an essential part of the homeowners insurance market. I…

I would like to discuss a provision of the Biggert-Waters Flood Insurance Reform Act of 2012 which reaffirms that private flood insurance can be used to satisfy a mandatory purchase requirement. This provision defines the term ``private…