Frank Pallone actually said...

"But the former FTC chairman, Joseph Simons, I think, insulated some of the worst that came out, some of these scams."

"I think it is really important, you know, if you talk about section 13(b), and what I am hearing from every single witness here today is that Congress needs to act forthwith."

"I am proud of the fact that we did a bipartisan initiative at--in the end-of-the-year package to include, you know, this provision that gives the FTC new authority to seek civil penalties for scams an..."

"But for scammers and fraudsters, this is exactly the kind of fear and desperation that they seize and thrive on."