Chris Hollen actually said...

"Can we improve upon how we regulate the banks and the shadow banks and the rest of the financial services industry? Of course we can."

"I do hope this Committee will begin to look into that issue because it is in contradiction, it conflicts with the Federal focus on trying to get to the bottom of money laundering."

"In my view, that is premature until we have exhausted the other alternatives, and one of those other alternatives is secondary sanctions."

"I would like to join my colleagues in welcoming all of you."