Robert Menendez actually said...

"I walk away from this hearing not better informed about what that is going to be and I think that is a serious flaw in what you are doing."

"community banks are likely to have greatly increased fees to fund a system that falls disproportionately and unfairly on them."

"Are you saying that the proposed legislation that the Administration advocates is going to reach to those previously unregulated entities?"

"But at the end of the day, if we allow millions of people based upon incentives that move individuals to try--entities to try to move individuals to products that are good for the lender and/or the br..."