I don't think anybody in America today thinks there is too much regulation in the financial services industry except some of my friends on the other side of the aisle.

Federal government says, wait a minute. We, in effect, own this company. And we're not going to pay bonuses to people who lost money for the company that we had to take over.

The federal government says, wait a minute. We, in effect, own this company. And we're not going to pay bonuses to people who lost money for the company that we had to take over.

the urging of Senate Banking Committee Chairman Christopher Dodd (D-CT) and House Financial Services Committee Chairman Barney Frank (D-MA).

We have an unhappiness on the part of a lot of citizens who are suffering deeply from the consequences of mistakes which most of them didn't make.

I have to say, when people tell me they don't want something to be done with political considerations, my response is that they should not ask 535 politicians to do it.

There are more and less responsible ways to deal with that, but it is a good fact of our system.

I urge you and I will urge everybody who is in this business to withhold foreclosure until we get Mr. Geithner's program.

They should be banned; and I believe if this Committee doesn't do it, it will be done by the SEC.

covering all forms of financial activity

We have got to give these servicers the right to renegotiate where it is in the interest to do so.