Senator Durbin, the bill you and Senator Bill Nelson of Florida introduced this summer, S. 1848, The Consumer Product Safety Modernization Act, calls for lifting the cap to $20 million.

We wish to commend you, Senator Durbin, for your outstanding leadership in speaking out on behalf of American consumers.

Now, for the record, most of the toys for sale this holiday season, have been manufactured long before.

Thank you for your efforts to steadily increase the CPSC's budget, with an increase to $70 million for fiscal year 2008.

My last question relates to design. When I met with Minister Wei this morning, from China, he said, part of the problem we have with toys is that our people are manufacturing to the design standards of the United States.

It's time to finally take action to protect our kids from toxic toys.

Do you understand that as they were being sold with these dangerous magnets you were endangering the life of children with those toys?

So I'm not going to dwell on this other than to say as a lawyer I'm troubled by what you just said.

Sir, the Chinese have agreed to eliminate any lead paint used in toys exported to the United States.

Why don't you explain that so anybody who is wondering whether you're avoiding the question----

Now, in terms of the knockoff products which look even more dangerous than the Magnetix products, now that we have established--and I won't ask you to get into our 6(b) problems again--that this is a dangerous product that needed to be…

Do we really want to stand idly by as the Chinese Government manipulates its currency, to give itself an unfair economic advantage?

It's very, very bad too. And clearly, this is our job to change it.

We commend you, Senator Durbin, for holding a joint hearing with House members on this issue.

I think the public has a right to know about what is going on here.

And the maximum penalty is how much?

Your meetings with toy industry leaders, the CPSC and the field hearing you organized in Illinois have helped to steer the debate in the right direction.

I can tell you, I know you've had a chance to speak to some toy companies and retailers--they get it.

There's no corporate denial going on here, there's no defensive crouch, there's no throwing around of the terms 'junk science.'

We will not tolerate it, and we will enforce the law.

Two-thirds of all the products that you investigate are imports, correct?

I think there is a level of openness and honesty that is essential for restoring the confidence in your products.

We urge Congress to direct the CPSC to review current lead limits based on today's scientific knowledge.

How would you describe the level of cooperation and compliance by Chinese manufacturers with what you consider to be normal safety standards for toys sold in America?

It would seem to me if safety is the goal, protecting the public is the goal, that we would concede the obvious, and that is that there are many consumers in America for whom Spanish is the first language, so I'm hoping that from this…