Republicans immersed themselves in an aggressive unrelenting campaign to repeal, weaken, and pressure regulators.

The Consumer Financial Protection Bureau is up and running, already returning $4.6 billion to 15 million consumers.

Dodd-Frank... provided oversight to Wall Street, gave regulators the tools to end the era of too-big-to-fail entities.

I hope to hear you remind my Republican colleagues about just how close to the brink we came in 2008.

No, absolutely not. I agree with them that it would be a mistake.

With regard to asset managers, to clarify, I don't think as a general rule they should be. AIG could have, should have been.

I don't think that--if that is your major--if that is all you do is asset management or sell life insurance, I don't think you should be a SIFI.

My biggest problem with the regulators, frankly, is they are equating the two kinds of mortgages.

I do think that the complexity issue of the Volcker Rule and the push-outs help.

I do think there is room for subtlety in that, but I don't think Glass-Steagall does it.

The incentive became to make a quantity of loans and not quality.