Robert Menendez actually said...

Our economy will not recover if debt ties down consumers tighter and tighter.

I appreciate those efforts and I hope that the Federal Reserve's guidelines, which are a good step, could actually be accelerated.

I applaud you, Chairman Bingaman, for your leadership on this issue over many years.

Do you agree that, if we were to pass any Federal standards, that States should retain the ability to have their own stronger targets?