"So it sounds like to me that this is clearly a case of the fox guarding the henhouse all the way through the system here."
"Now I think it is long past time that Congress finally acts, and I have bipartisan legislation with Senator Scott to do that."
"The Fed touches the lives of nearly every family in America, from influencing whether or not they can afford to buy a home..."
"Twenty years ago the GAO came to Congress, long before I was here, long before Senator Kennedy was here, and said, 'Change it because it is a mistake.'"
"I think that the proposal from you and Senator Scott, which I have reviewed, does not go as far as I would like."
"You know, particularly when you are telling me about Clarita, for example, corrected this later, yeah, he corrected it after you opened an investigation, which is just not exactly the moment that give..."
"I'm working on bipartisan legislation to claw back money when executives take big bonuses for blowing up their banks."
"It is to say pull back on this regulation and give a green light for massive and undiversified growth."
"you do not get to write a law that shoves the Fed in a strictly deregulatory direction and then turn around and say, 'Gee, we wish they had not deregulated.'"
"Independence should not be conflated, however, with a total lack of accountability when the Fed and its leadership make serious mistakes."
"I absolutely agree that the allegations of improper trading and ethics violations are disturbing, and they are alarming."