I am trying to figure out what harm can come.

It is extraordinary to me that my Republicans colleagues, who have been so disrespectful of virtually anything the Obama Administration has said, on this very difficult issue are trying to hide behind it.

I will now begin my statement. I am not surprised that the chairman of the subcommittee began not with any positive statement about what he is planning to do, but by a defense of what they are doing.

I think the majority report in particular is a good argument for the bill going forward, and we will be fighting later today to prevent the re-deregulation of the financial economy which the Republican budget represents.

I don't understand when the philosophy came that when Congress is legislating, it should only look backwards; it should not anticipate potential future problems.

The budget that we have been presented for the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) prevent them from doing the job the American people need them to do.

at the expense of getting adequate regulation, we are going to turn you into a profit center.

We are not going to go after the end users and all we are talking about is price being made public.

The lack of regulation of derivatives in various aspects contributed greatly to the financial crisis.

An absence of funding will make all of this invalid.

I had not previously thought that the Majority was waiting around for the President to suggest to them what to do.