09/09/2009
https://www.congress.gov...
"But for all the successes the Fed has had in carrying out its core mission--monetary policy--its regulation and consumer protection missions have been abject failures, in my view."
"I appreciate those efforts and I hope that the Federal Reserve's guidelines, which are a good step, could actually be accelerated."
"Credit card reform has been one of the top priorities that I have had both in the House and in the Senate since I arrived here."
"Our economy will not recover if debt ties down consumers tighter and tighter."