"This is important to us because, as you are going to testify, the subprime mortgage debacle was what triggered the financial place that we find ourselves in not nationally but globally as well."
"We passed it in the House. The Senate, as usual, they weren't able to shut off the filibusters, so the bill was withdrawn, and so we are working again."
"I just left a press conference of the Congressional Black Caucus, and that is what we were talking about; how do we create jobs and ease this crisis that we are in?"
"You can't Chair two Subcommittees at the same time."
"In May of this year, the Supreme Court issued its decision in Ashcroft v. Iqbal. The ramifications of this case are enormous."
"We are looking very carefully at H.R. 3310."
"What caused the crisis was the mistaken belief shared by Republican and Democratic administrations in the past that the financial industry could be relied upon to regulate itself without significant g..."
"Every day, Monday through Friday, every week, 195 families in my city are served with eviction or foreclosure notices because they are behind in their mortgage payments."
"The government should take some of the blame, but the government didn't plan the risky, risky, unregulated credit transactions."
"Why do you have to give these people that caused the problem taxpayer money?"
"I think that theory has been reexamined much more carefully."
"Small banks failed at a rate not since seen since the savings and loan crisis in the 1980's."