And what the Fed and the FDIC are saying very publicly today is that we have at least five too-big-to-fail banks in this country, that if any one of them starts to go down, they risk taking the entire economy with them.

Thank you very much. I appreciate it, Mr. Chairman.

But not the intensity.

But the reality is, they put everybody else at risk when they are not properly supervised.

Would you have concerns about liquidity in a time of crisis if municipal debt securities were counted as 2A Level assets instead of 2B Level assets?

the giant banks want to advance the story that they are over-regulated, but it seems to me that the report yesterday on living wills demonstrates that, if anything, today, they continue to be under-regulated.

I wish to say a special thank-you to Senator Mikulski for her terrific leadership on all of this. Today is Equal Pay Day. By the sound of it, one would think it is some sort of historic holiday commemorating the anniversary of a landmark…

Given the long history of State and local decisions shortchanging vulnerable students, the Department cannot shirk from its responsibility, regulatory and enforcement responsibility, to ensure that the implementation of ESSA eliminates…

The first version of this legislation back in 1965 was to affirm the Federal role in protecting civil rights and educational opportunities for all students, especially our most vulnerable students.

the Department of Education ensure that those States actually use the money to help those kids.

We have heard a lot today about the changing nature of manufacturing, innovative technologies that have enabled manufacturing operations to become smarter, more efficient, more complex.

the Department of Defense announced funding for a new $317 million innovation institute in Massachusetts that would focus on researching revolutionary fibers and textile manufacturing.