Chairman Schapiro, you announced the appointment of a new chief compliance officer to serve as the internal watch dog.

Do Not Call continues to be a success.

No agency that comes before this Government should be above oversight and review.

I want to discuss about five issues, and I'm sure I won't get into all of them.

As I see it, there are two or three big questions out there about the current economic status of the Postal Service: the $75 billion question, the $2 billion question, which you've raised, questions about healthcare benefits that could…

We hope to continue to earn that support by vigorously and aggressively fulfilling our mission to protect American consumers and promote a competitive marketplace.

The elimination of Saturday delivery will make the USPS less valuable to business and accelerate electronic substitution.

There's this change in technology. You are right in the middle of this competition.

In the wake of the massive Ponzi scheme perpetrated by Bernie Madoff, the SEC has undertaken an array of reforms to reduce similar frauds.

But, it is within the power of Congress in general, perhaps this subcommittee, to make that decision.

I am with you 110 percent, and I hope to God by next year, we are going to be able to move the needle for you.

I encourage you to follow the Administration's lead by including the mandated 6-day delivery language in the 2011 bill.

So we need legislative authority to craft a program that will allow us to give whistleblowers more meaningful recovery on their claims.

I'm glad that my friend and fellow member of the subcommittee Senator Susan Collins of Maine is here today.

Unfortunately, the risk from new technology has also increased, such as identity theft, privacy violation, and data security concerns.

What I am asking you, is there any built-in obstacles to your acquiring the technology that you believe is available and that you need?

we've recovered nearly $500 million for consumers who lost their money in the financial frauds area alone

Well, the inspector general says you've overpaid $75 billion into the Civil Service Retirement System.

Well, it sounds to me like we have two or three major issues outstanding here that will determine whether or not we have to make this decision about reducing service.

This proposal impacts virtually every citizen in the Nation, and this Subcommittee is wise to turn its attention so quickly to this issue.

I guess we can't prove it, one way or the other.

Do you have such an agreement with Nigeria?

My point is, and my frustration is, that, over and over again, the Postmaster General has promised that if only Congress would allow the USPS relief from its financial obligations and take other actions, it would be on a solid financial…

Over the past 3 years, the FTC saved consumers more than $1.4 billion in economic injury.

Forty-four cents. That is still an amazing bargain, by any modern standards.