Robert Menendez actually said...
Well, I would look forward to the Fed's leadership in this regard and suggestions of how we, in fact, make a system that cannot be manipulated, that has consequences to millions of consumers, investors, pension funds, municipalities, counties, Governments, all affected by LIBOR.
Context
Menendez emphasizes the need for a reliable system to protect consumers from LIBOR manipulation.
07/16/2012