Susan Collins actually said...

"We must not take action that would diminish the taxpayer protections that provided the motivation for my writing the Collins amendment."

"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."