That is not a reason for us to take the giant banks off the hook for prudential regulation.

I think that it is important that the record reflect that no comment about being nice to either Democratic or Republican witnesses ever came from me.

If you are giving investment advice to our retirement savers and you are being compensated for your advice, then you have to put your customers' interests first.

I am a supporter of the rule because it provides critical protections to Americans who are saving for retirement.

this bill that Mrs. Wagner has put before us is a very troubling bill.

The Labor Department concluded that it could not justify delaying the start date for very long.

I believe that it properly balances the need to protect retirement investors with the need to streamline compliance costs.

tying the hands of the SEC, being overprescriptive as this discussion draft bill is, is dangerous.

I wrote my own letter to the DOL on the proposed rule asking for six technical fixes and clarifications, and DOL made all six changes that I asked for in the final rule.

this bill would be devastating to low-income, to middle-income, to senior citizens.

According to the Council of Economic Advisers, this rule will save consumers roughly $17 billion--that is 'billion'--per year.