07/23/2013
https://www.congress.gov...
"the Fed failed at every step along the way, from the Board of Governors at the very top to the San Francisco Fed Bank examiners on the ground."
"It is to say pull back on this regulation and give a green light for massive and undiversified growth."
"you do not get to write a law that shoves the Fed in a strictly deregulatory direction and then turn around and say, 'Gee, we wish they had not deregulated.'"
"I think that the proposal from you and Senator Scott, which I have reviewed, does not go as far as I would like."