So the Federal--under the current system, the Federal Government pays private student loan companies like Navient, hundreds of millions of dollars a year to help borrowers navigate all those complicated repayment plans and to pick out the…

Okay. So too many repayment plans, too much money for private student loan servicers who don't help students navigate these plans, and too hard for people to stay in the best repayment plans.

I think low-income students would be better off if we gave them a bigger Pell Grant, even if they paid a little more interest down the road.

So I think we should run our student aid programs with two goals in mind.

If you get rid of the plans with the best terms for students, then will the students actually be worse off?

we need a better structure here.

if we want to stop money laundering, these giant banks really need to feel the penalties.

Today I want to focus on cracking down harder on the big banks that repeatedly violate anti-money-laundering laws.

I am not asking if there is a lot of effort. It is a really simple question.

Puerto Rico might not be on the front pages anymore, but it is a humanitarian crisis and we have a moral, and a constitutional, responsibility to exercise oversight responsibilities here.

I only want you to have confidence if it is actually working. And the monitor said it is not.

How many money-laundering operations are they assisting?

I am very concerned that big banks will continue to allow money laundering because the business is profitable and the penalties for violating the law are weak.

the crisis in Puerto Rico is a daily reality for tens of thousands, hundreds of thousands of people.

So--let me just stop. It had the desired impact. Then how can it be that a court-installed monitor refused to certify that HSBC's anti-money-laundering compliance program was working?

if HSBC executives had been hauled out in handcuffs and were sitting in jail after their violations in 2012, they would have gotten the procedures in place pretty darn fast to make sure that that bank was in compliance with the law.

I am very concerned about this and I do not have time.

I rise today to discuss the Trump administration's recent proposal to expand offshore drilling to more than 90 percent of U.S. waters. This handout to Big Oil executives puts short-term corporate profits ahead of the long-term health and…

I support this as well.

Good, and I just want to say on this we got the law passed here, but that doesn't make it a reality.

We've done our part. Now, we've got to get the bureaucracy to get in line with this.

I believe more strongly than ever that the antidote to heroin is community. Make sure people in your neighborhood do things together. Break down those barriers that keep people isolated.

A story that is true, I take it, for far too many Americans.

As Senator Alexander very generously noted earlier, last Congress, Senator Capito and I had passed a bill to try to tackle this problem...

We need to rethink a lot of our money-laundering laws, some of which... were written back in the 1970s and are badly out of date.