Susan Collins actually said...

"It was not the intent of Congress to supplant prudential State-based insurance regulation with a bank-centric capital regime."

"the legislation previously proposed by Senators Brown and Johanns, and today by Senator Collins, represents a sound basis for moving forward."

"I would strongly urge Congress to act to prevent a result that is so clearly unwarranted and potentially so damaging."

"that, in the financial crisis, holding companies were a source of weakness, rather than strength, to their operating subsidiaries."