"I appreciate the opportunity to be here today to talk about the work of the Congressional Oversight Panel."
"Perhaps the most frequent one is just the question: Is it working?"
"From the outset, it was obvious that a system so large would need very careful oversight."
"We have pushed for a long time for more transparency, more accountability, more clarity on goals."
"Taxpayers really want to know and should have a right to know what is going on with their investments."
"Treasury's failure to adopt these recommendations in my view has been one of the great failings of the past year."
"We put together a management report to Treasury identifying a lot of the frustrations, which I heard were exposed at Senator Menendez's hearing."
"We have argued for repeating the stress tests and extending them past the 19 largest financial institutions."
"We have recommended, for example, in our most recent report on autos that the taxpayers' ownership, the shares that Treasury now holds in Chrysler and General Motors should be put into a trust to be b..."
"We also are concerned that parts of the foreclosure mitigation process are just--they are just ignoring big pieces of the problem out there."
"'Too big to fail' is upon us now in a much larger sense."
"I share your concerns about the effect of ongoing taxpayer subsidies."