Discrimination should never be tolerated in society as a whole.

When government agencies act badly, it is an affront to all of our constituents and anyone who supplies the work and the money to pay those government salaries.

I believe the insolvency of Social Security in 2023 to be real.

This is what I regard as an asset tax. And assets for banks are loans. So it runs counter, I believe, to our economic interest.

the debt is a real problem and the mandatory spending programs are driving that debt, but the programs themselves need to be fixed for the beneficiaries.

The success of our capital markets in the United States has to do a lot with property rights and contract law and certainty of our regime, as well as wise regulation, not the absence of regulation, which is a misunderstanding and a wrong…

One of the things that we would really ask Congress to do is just better define clarity on information-sharing.

By all means, government, here, you can have this information. Proliferate it widely. Others are being attacked. This will help us all.

I look forward to Mr. Montoya's testimony today, and I think it will expose a shocking set of behaviors.

Those who were advising him. Was Mr. Mincberg one of those advising him?

the Obama Administration has been largely unresponsive to this committee's legitimate oversight function.

Mr. Mincberg asked your office to withhold this information from the House Financial Services Committee. Is that correct?

I believe that this is only the tip of the iceberg.

Today's hearing will lay bare the falsity of these high-minded claims.

I guess when you have five big regulators, independent regulators sitting on the same panel, there ends up being an alpha dog.

Look, the reason why we are talking about this is because of this grave concern about the Government overreach.

this is just another shameful part of ObamaCare.

I am just asking about you.

So where could I see this rigorous cost-benefit analysis?

Your predecessor bound your agency to adhere to the memo and the principles within that memo on cost-benefit analysis.

This is the biggest rulemaking you will undertake probably in your tenure, probably in my tenure in Congress.

that is at the pre-rule stage. It is not as far along as prepaid cards but it is something that we are looking at and trying to figure out.

I can't simply say, well, Volcker just saved us $8 trillion.

But Volcker actually doesn't end up protecting the taxpayer, which is a genuine concern I have...

I want to thank my colleague on the other side of the aisle for bringing up those issues.