Robert Menendez actually said...

"I wonder whether there is anyone on the panel who wants to give an opinion as to whether or not financial institutions are seriously taking the challenge before them."

"Just to show you how timely these issues are, Mr. Chairman, as we are speaking, a widespread phishing campaign is being targeted on Senate staff with a false IRS statement that if you open up download..."

"So the question is: What would you do if we were to pass this law?"

"But they are certainly not regulated to the same extent that banks are."