Elizabeth Warren actually said...

"Thank you for the very engaged, very open way that you have run this Committee and given us an opportunity to explore so many issues."

"I am sorry. So, your monitoring of the chain is limited to telling the financial institutions to take a look at the chain? Is that what you are saying?"

"Oh, I am not talking about telling them which vendors to use. What I am just trying to understand is the process by which you are monitoring--the risk comes in all the way up and down the chain."

"I understand that."