Barney Frank: “I'm a little puzzled. You said no amendments were submitted, but Mr. McGovern did ask for one on behalf of Mr. Van…”

I urge staff to pay close attention to the differences in products offered by nonbank institutions and to be mindful of Congress's intent in financial reform that State consumer protection laws be preserved to the extent possible.

We should have made it much higher, $125 billion or more, and we should have indexed it.

I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.

Congress generally, and this subcommittee in particular has historically played a critical role in strengthening accountability at the World Bank.