So an agent was murdered, and your action is to move people around. That seems to me to simply inconvenience people, not to rid them of Federal employment.

I mean, I think we teach our families, our children that rules are important.

This idea that he is complaining about the Congress' inaction is pretty absurd.

The Senate is designed to be inefficient; and by God, it lives up to that expectation.

By the way, maybe you could remind the Senators that we did, in the House, pass a budget last year.

We will work tirelessly in partnership with citizen watchdogs to deliver the facts to the American people.

I thank the chairman and I would like to yield the balance of my time to the chairman so he can continue his line of questioning from earlier.

The concern, again, is that asterisk. It does actually lead to uncertainty.

And to state for the record, the hearing is entitled, How Will the CFPB Function Under Richard Cordray?

I appreciate my colleague, her comments.

Our duty on the Oversight and Government Reform Committee is to protect these rights.

Americans have a right to know that the money Washington takes from them is well spent.

That adds to uncertainty. And uncertainty in the financial marketplace means things cost more or are less available.

I think we need to follow our procedures carefully, follow the law carefully, and if we do that we will build credibility in our work.

I think it would be a best practice if you look at what the SEC is doing in laying out their regulatory agenda.

I think it would add tremendously to this and explain clearly what your intention is for enforcement actions.

These rules, I will admit are a responsible request from this Congress, from Dodd-Frank, but Section 619, in my opinion, will be a self-inflicted wound on this country, its economy, and its financial markets.

I think Section 619 was a mistake, and I think that is where the problem lies, that our request to you was a mistake.

I believe this will restrict capital, I believe it will drive up the cost of loans, and I believe it will make our financial markets and, thus, our economy and our country less safe.

I think that is becoming evident to all of us. It will cost hundreds of thousands of jobs.

I thank the ranking member.

So the swap line is about direct American exposure in that regard?

You know, I asked earlier about this notion of what happens with Greece.

Either way, Europe must reform itself.

The truth is that the mission of government matters, but reckless decisions have made it harder to fulfill that mission.