Elizabeth Warren

What does it take to get you to move toward even a hearing, even considering shutting down banking operations for money laundering?

The Justice Department, in making its decision whether or not to pursue a criminal prosecution, checked with the Department of Treasury to determine your views on whether or not there would be a significant economic impact if a large bank…

Well, it is somewhere beyond $881 million of drug money.

The U.S. Government takes money laundering very seriously for a very good reason, and it puts very strong penalties in place.

So you have no opinion on that? You sit in Treasury, and you try to enforce these laws.

If you are caught with an ounce of cocaine, the chances are good you are going to go to jail.

I do not believe the political consensus on the GSEs is going to emerge imminently.

But what does it mean to reform FHA if you are not going to reform Fannie and Freddie at the same time?

I am concerned about approaching reforms in one without approaching reforms in the other.

I think until we switch this mentality of having the budget drive health policy to one where we have health policy driving the budget outcomes, that is the transition we need to make.

I just wanted to give an opportunity to Dr. Cubanski, Dr. Goodman, and Dr. Thorpe, if they wanted to comment on the question I had earlier about how the Affordable Care Act changes have reduced costs and show paths for future savings that…

Thank you very much, Mr. Chairman, and I want to join Ranking Member Collins in saying it is very gracious and very generous of you to permit others to take on the questioning first, and to say I feel much safer asking my questions knowing…

We keep hearing the warning that we must make substantial changes to Medicare or face bankruptcy of the Medicare system, and yet I am reminded that in 2010, we passed substantial Medicare reform.

The first part of the conversation that they brought up was the frustration they feel with the Veterans Administration.

I just want to say, Ms. Boone and Dr. O'Brien and Mr. Uchida, thank you very much for the work you do.

Governor Patrick insisted on mandatory training for all employees in the executive branch.

I commend you for your work, Governor, and commend you, Mr. Chairman, for holding this hearing.

Your work on the Americans with Disabilities Act is historic and truly changed this country.

And these big financial institutions are getting cheaper borrowing to the tune of $83 billion in a single year simply because people believe that the Government would step in and bail them out.

But does it worry you?

What is happening is the big banks are getting a terrific break and the little banks are just getting smashed on this.

I would like to go to the question about too big to fail, that we have not gotten rid of it yet.

So when are we going to get rid of too big to fail?

I'm in, Mr. Chairman.

When was the last time you took a big Wall Street bank to trial?