"We should expect to see essentially either a dollar-for-dollar improvement in their lending or with leverage from private investment, a better than dollar-for-dollar improvement in small business lend..."
"I worry about two facts."
"There is an increased incentive for them to sit on the sidelines and hope that more federal dollars are coming."
"So they will be gone by the end of the year."
"But surely, we do not need a whole TARP apparatus to be----"
"I should say Treasury is still not considering the panel's recommendation to put the shares of stock of the auto industry and the large financial institutions in trust?"
"Are you saying it is not lawful for the Secretary of the Treasury to put the shares of stock in Chrysler and GM into trust?"
"Foreclosure should be the last option after everything else fails."
"The continuously escalating mortgage foreclosure crisis threatens to overwhelm the entire effort to stabilize our financial system in the interest of broader economic recovery."
"The fact that a lender can throw a family out of their home is a necessary part of a system of lending, but it is also an act of emotional violence and economic destruction."
"Public policy should be about minimizing foreclosures for the same reasons it should be about minimizing child abuse or protecting the public health or educating our children."
"I am pushing to say we could do more, and as a leader in the TARP program that has made this $50 billion commitment, I am asking you to do more."