Those banks have repeatedly violated securities laws in the past few years, but if they violate securities laws again, in your first 2 years as SEC Chairman you cannot vote to punish them, and I think that is a problem.

A big part of the job of the Chairman of the SEC is enforcement, a cop on the beat on Wall Street.

More potential cases with a deadlock and no enforcement, and that is a problem.

You intend to enforce the law strictly, and I very much agree with that goal.

Your recusal problems seem to be even more severe than Chair White's.

I do not understand how we can have someone who continues to trade in a market and is influencing regulatory policy simultaneously.

We have to worry about demoralizing the civilian workforce.

And the Democrats wanted more enforcement.

We have a current system right now that's completely focused on longevity. Everything is about longevity. And so that is not going to breed the best productivity out of our people.

Our civilian workforce has become accustomed to hiring freezes, to furloughs, even a Government shutdown, and it is getting worse.

We need to treat them as one workforce and respect them as one workforce.