Elizabeth Warren

That is right. That is our bank.

I completely agree with you about the importance of standardized reporting so that you can make comparisons.

We need housing finance reform. It has been 5 years since the crash and long past the time we need to make these reforms.

Pay equity is an important issue for American women, and Congress has taken good steps in the right direction by passing the Lilly Ledbetter Fair Pay Act.

I want to apologize. I'm going to have to leave. We have a Banking hearing running simultaneously.

It seems a little shocking to me that in 2013 we are still talking about equal pay for equal work.

Thank you, Mr. Chairman. And, Chairman Bernanke, thank you for all your service during very hard times.

I know you appreciate that a slap on the wrist is not enough, and if the OCC and the Fed are confident that these are good settlements, I think it helps everyone if the information is out there.

I hope that by revealing this information they will be able to better evaluate whether or not that is appropriate for them.

Now, that is $800 a family in a State, Massachusetts, where the median home income is $324,500.

Now, some reports have indicated that a big part of those profits have come from the banks' trading activity--in other words, not from boring banking but from trading on Wall Street and elsewhere.

Then we need to look at other steps. As you know, I have introduced, along with Senator McCain, Senator Cantwell, and Senator King, a Glass-Steagall bill, another tool in the toolbox to deal with too big to fail.

I detect in that some change and I appreciate it

I will say on that, Governor Tarullo, since I see that we are over time, and I will be careful here, Mr. Chairman, I will say there has been some real question about the settlements that you have made.

I understand it is different when you have supervisory responsibilities, but you have a responsibility to see to it that this law is going to be enforced.

So now we propose a 21st Century Glass-Steagall so that we can return to the basics and try to keep the gamblers out of our banks.

If you had real confidence in your settlements and that if people could see the details of those settlements, what the banks did wrong and how we determined--how you determined how much money would go to individual people, then the public…

When I was here back in February and I asked the question about when is the last time you took a large financial institution to trial, the answer was not good and it confirmed the worst fears of the American public.

But despite this progress, the four largest banks are now 30 percent larger than they were just 5 years ago and they have continued to engage in dangerous high-risk practices.

Now, I think the same principles that apply to the SEC enforcement would also apply to other regulators.

If there is no further business to come before the Senate, I ask unanimous consent it adjourn under the previous order. There being no objection, the Senate, at 7 p.m., adjourned until Wednesday, July 10, 2013, at 10 a.m…

At noon tomorrow, there will be a cloture vote on the motion to proceed to the student loan bill. ____________________

I hope and pray that the insurance business and our government and everything will not be penny wise and pound foolish, because it is, for all diseases but certainly for this one, better to try to find a cure and a prevention than treat…

I am very proud, of course, to be from Massachusetts, where we are not only making great progress on the research...

You are making a difference for everybody, everybody who has got diabetes now and people who develop it in the future.