"if the facts suggest that that part of the problem is growing larger by the day, I want to ask the structural question."
"the only tool in the toolbox was the bankruptcy proposal and that was passing the cram-down bill"
"In order to be more transparent, in order to have greater accountability for these banks, why not run the stress tests again under more difficult circumstances?"
"If one offered a very gentle stress test and the consequence were that the stock market responded positively to the good news that emerged from that, surely you wouldn't say that that changed any unde..."
"As was pointed out by Chair Warren, several million people have lost their homes."
"I think that is extremely destructive."
"The point, Congressman, as I see it, is that it is all about disclosing them."
"I am completely in favor of making these products transparent enough that people can read them, understand them, and make smart financial decisions."
"We are trying to say that more legal mandates of ineffective disclosure is not helping the consumer."
"The agency could say if you will issue a page-and-a-half credit card contract that is readable, a one-page mortgage that is readable and make the blanks clear... you are relieved of other regulatory o..."
"I am tired of it, too."