"What I would like to do is recognize myself for a brief question, and then we can go to you for a second round, if that is okay with our witnesses?"
"This can only be characterized as an unprecedented Big Government grab of individual financial records."
"I am a little flabbergasted by Mr. Gupta, who believes that somehow just because Congress created the CFPB that somehow the CFPB is accountable to it."
"It strikes me that the question we really need to have is, 'To what end and to what benefit? And who is this benefitting?'"
"The Federal Reserve has gone above and beyond its original mission statement."
"The development of these policies is in desperate need of transparency."
"Reforms are necessary."
"An independent Federal Reserve, a monetary authority that is not subject to the tender mercies of this institution is a cornerstone of our economy."
"I see these bills as important steps towards responsible oversight and a pro-growth economy."
"I think we share a respect for rules-based monetary policy--as you put it when you served on the Fed Board in the mid-1990s, the Taylor Rule was 'what sensible central banks do.'"
"But you agree that a rules-based policy is a better way to go?"
"So, look, I think that there are occasions when it would be important for the IMF to have flexibility--"