Foreclosure should be the last option after everything else fails.

In my view, two proposals from this report are critical to protecting the American financial system and preserving the ability of families to build wealth.

Until we find a way or commit ourselves to a way to say, one way or the other, we are resolving those assets on the books of the banks...

'Too big to fail' is upon us now in a much larger sense.

We have argued for repeating the stress tests and extending them past the 19 largest financial institutions.

Congress should end the era of 'Too Big to Fail' by restoring a credible threat of failure for the largest financial institutions.

I share your concerns about the effect of ongoing taxpayer subsidies.

We are going to have to address the coming problems with commercial real estate mortgages.

Congress should establish a Consumer Financial Protection Agency (CFPA) to ensure the basic safety of consumer credit products.

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?

Taxpayers really want to know and should have a right to know what is going on with their investments.