History shows us that for-profit colleges need heightened accountability, but I think there is a much larger problem here, and that is all colleges pretty much that access the Federal dollars, no matter the quality of the education that…

So two of the largest college collapses in the history of American higher education occurred recently when Corinthian and ITT imploded, ruining the lives of hundreds of thousands of students.

We only have to deal with the problem of the places where they can go belly up right now.

I worry that we are moving in exactly the wrong direction with Association Health Plans.

I understand that there are some places where there are adequate solvency requirements and some places where there are not.

You know, it is clear to me that these banks do pose a risk to the economy, and that is the reason that Congress said they should be on a watch list.

Boston's public charter schools are among the best-performing charter schools in the Nation.

But this same population has been a prime target for fly by-night for-profit and online colleges looking to suck down more Federal student loan and Federal student aid money without actually teaching these students anything.

I fought hard in that law to make sure that Federal election dollars go to the schools and the students who need them most.

I appreciate your unambiguous confirmation that we're going to follow the law in reporting these data.

I think it is really important for CFIUS to be proactive and not just reactive in identifying these emerging technologies.

I support the whole idea that we can innovate and find more ways to serve nontraditional students.

We endorse setting the goal of a world free of nuclear weapons and working energetically on the actions required to achieve that goal.

I'm going to ask you in the follow-up questions for a commitment that what we're going to get is we're going to encourage the states to strengthen their oversight of charter schools, not to weaken their oversight of charter schools.

I believe that the evidence is clear that more oversight and more accountability works for our kids.

I believe all students have the right to a high-quality education and that families should have a range of options to best meet the educational needs of their children irrespective of their zip code.

So before we have a conversation about making it easier for those schools to put more students in debt, I think students need to know more about the options that are available to them.

I think that the key to innovation is to start with having better data.

That is why Senators Hatch, Cassidy, Whitehouse, and I have introduced the bipartisan College Transparency Act.

Can I just ask? I know we are over, but I just want to ask on this, just probe just a little bit.

I am concerned that as Chair of the Fed, Governor Powell will roll back critical rules that help guard against another financial crisis, and that is simply a risk we cannot afford. While big banks have bounced back from the 2008 financial…

I ask to be recognized to speak in opposition to Governor Powell's nomination to serve as Chair of the Federal Reserve Bank. The PRESIDING OFFICER. The Senator is recognized.

I would consider giving the Department somewhat broader authority for special compensation for officer communities.

We must have been doing something right.

I would force 'excellence or out.' Every 2 years, you are recompeting for a position you are in.