Elizabeth Warren

It seems like what we do right now is we encourage risk aversion and just stick with whatever you've done for the last 100 years rather than encouraging people to take some risks.

I think it's really important, you talk about the tools that are needed, but you're also talking about a very different approach from a management perspective.

Actually, thanks to the attraction of Boston, Massachusetts.

Thank you, Mr. Chairman, and thank you to our witnesses for being here and for this thoughtful report that you've put together.

It is a powerful point, Dr. Holland.

The ability to recruit. It is a really powerful point.

I totally agree, and I think the point is well-argued. Thank you very much.

I believe that the labs and the research that they do make up the backbone of our future military strength.

So you are saying that you think if we abandon this, it means higher risk for U.S. policyholders.

Because there will be less capital for them to draw on if there is a problem.

So you are basically saying a lower cost for insurers, and in a perfect market what that will mean is passed-along benefits to customers who either can buy at lower rates because there is more competition in the marketplace.

GAO has reported that the Navy uses a workweek standard that 'does not reflect the actual time sailors spend working.'

Title 5 of the wrong choice act undermines many of these core mortgage protections and turns the clock back to a dangerous time in our housing market.

Congress put commonsense standards in place to protect consumers and the housing market from predatory mortgage loans.

It is disheartening that many of our organizations are back here again, this time trying to keep some Members of Congress from reopening the doors to practices that drained wealth from hardworking Americans.

It seems best designed to ease standards for Wall Street.

It is about throwing working families under the bus so that Congress can do the bidding of Wall Street.

Banks of all sizes posted record profits last quarter, with profits at community banks up even more than at the big banks.

Access to consumer credit and small business lending is at historically high levels.

Let me be blunt. This is a 589-page insult to working families.

The wrong choice act takes many of the carve-outs that are currently reserved for community banks and gives them to the big banks that crashed our economy a decade ago for a very small price.

We have an obligation, a moral obligation to make sure that kind of crisis never happens again in this country.

This bill doesn't solve a single real problem with the economy or with our financial system, but it does make some big time lobbyists happy.

Why, just 8 years after the worst financial crisis in more than 70 years, are Republicans lining up to roll back the rules on Wall Street?

This bill would let big banks and payday lenders and financial advisers go back to cheating people, with no accountability.