Bob Menendez actually said...

"Well, 'more for longer' is not a phrase I like, Madam Chair. And, you know, 'less for less time' would be a lot better."

"I have a real concern with the fact that--and this is the very last point I will make--Ms. Yu, your research found that millions of borrowers who have been in income-driven repayment programs for more..."

"And how can Congress and regulators ensure that lenders choose a replacement reference rate that is fairest to the borrowers?"

"I look forward to working with all of you here today, as well as other stakeholders not present"