Kay Hagan actually said...

"That's telling us how important it is for our young adults to have financial literacy, to be able to participate in a program like this that's going to help them in their future."

"If you have a poor financial outlook, that usually equals some type of poor health, because financial difficulties bring on stress and other issues to everyone's life."

"If true, why do you believe such an authority is necessary?"

"I really do think it will have a negative impact on the low- and moderate-income saver who is really trying to do the right thing and save for their retirement."