Andy Barr actually said...

"If non-bank lenders become constrained, then guess what? Funding costs will go up."

"Over-regulation of CLOs would be an impediment to financial stability."

"I think it is--in order to gain the support that you want to reauthorize the Bank, when we are talking about competition with China, I think we need to have a clear-eyed policy with respect to support..."

"Wow. This is a program that is replete with waste, mismanagement, and poor performance."