Kent Conrad: “What is going to happen is our banking system as we know it is going to change.”

It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.

Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three Republicans, were asked by leadership to see if we couldn't come up with a way forward to adopt the…

I urge you to vote for the confirmation of Dave Turk. I urge you to do it quickly.

We admire that, and I can say on both sides of the aisle, people recognize the job he did as Budget Committee Chairman.