Robert Menendez actually said...

"It seems to me, and I would like to get your perspectives on this, how do we get banks to commit to lending for real estate projects again?"

"we have not had any success in convincing the regulators that there seems to be one systematic regulation concerning home builders throughout the country"

"I do not think we are going to move the housing market until we get the regulators moving in a different direction."

"I think we have to consider China's continued undervaluation of its currency and the impact it has on our economy."