I remember when I sat here in 2008 as our economy became unraveled.

Dodd-Frank was passed with the aim of increasing financial stability, improving investor confidence, and enhancing consumer protection.

I need to know facts. I need to know specific regulations that are either proposed or finalized that don't work.

You would think that any business that engages in intentional misleading of customers is doing something wrong and bad for the economy, bad for America.

the way to deal with the fear is not to not do it; the way to deal with the fear is to try to get it right before the mistake is made, or even after the fact.

Not all regulation is inherently bad. Some regulations are necessary and it is important for all of us to work together to try to get it right.

They were clearly engaged in misleading customers--2 million customers--and they were slapped for it.

All regulations are simply drawing the line saying, here is where we are.

Regulations are not meant for the good players. No regulation is ever meant for the good players. They are only meant to say, 'There is the line. Bad players can't cross here.'

Mr. Chairman, I ask unanimous consent to place 2 news articles in the record: one from The Wall Street Journal entitled, 'Financial Crisis Amnesia,' by Secretary Geithner; and another one from Forbes Magazine entitled, 'What's in Your…

the wholesale rejection of regulation of the financial industry, I would have to say to my friends at the Chamber, going back to 2006, they remind me of the Bourbon, when the Restoration came in the 19th Century in France, and people said…