Kent Conrad: “Jamie has exceptionally good judgment that will serve him very, very well in this position.”

Millions of Americans are financially unprepared for their retirement.

We did a whole series of things in our Social Security reform not to discourage people from working, but to encourage them to continue working if they are able to do so.

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

I thought he was an outstanding Committee Chairman, and my former intern has succeeded him in his Congressional seat.