Barack Obama actually said...

Mr. Smith brings to this position both tremendous expertise and a deep commitment to strengthening our housing finance system for the Americ...

Our collective challenge is to summon the political will to embrace these instruments and standards, strengthen them where appropriate, but ...

We are committed to bringing the fiscal deficit down at a pace consistent with economic recovery.

the Dodd-Frank Act closes these loopholes and creates accountable regulation for all firms that pose the most risk to the financial system