To suggest, as one or several commentators have, that this problem was created, and I quote, by 'deadbeats with an extra bathroom' is not only insulting and infuriating, but to the families who are suffering right now, it is tremendously…
Bob Menendez
The Public Record
Robert Menendez is a prominent Democratic politician currently serving as a member of the United States Senate, representing New Jersey. He was first elected to the Senate in 2006 and has since been re-elected multiple times. Menendez has played a significant role in various policy areas, including foreign relations, immigration reform, and healthcare. He has served on several Senate committees, including the Senate Foreign Relations Committee, where he has been an advocate for human rights and democracy abroad.
Mr. Secretary, I defy anyone to suggest that these cases were somehow the exception, that these were aberrational.
But isn't it true that, largely speaking, at least at this point in time, these banks cannot raise the type of private capital that they need?
But for all the successes the Fed has had in carrying out its core mission--monetary policy--its regulation and consumer protection missions have been abject failures, in my view.
I am reminded of the shortcomings in the Fed's regulation of bank holding companies.
I think it will be less costly. We will begin to see the recovery a lot sooner.
I appreciate those efforts and I hope that the Federal Reserve's guidelines, which are a good step, could actually be accelerated.
Our economy will not recover if debt ties down consumers tighter and tighter.
Do you agree that, if we were to pass any Federal standards, that States should retain the ability to have their own stronger targets?
I applaud you, Chairman Bingaman, for your leadership on this issue over many years.
I think is incredibly important, and for the privilege of introducing Dr. Ralph Izzo, who is the chairman of the board, the president, and the CEO of the Public Service Enterprise Group.
It seems to me that we need a system that helps various--several mature technologies to be achieved in order to reach our collective goal.
I look forward to those consultations because, you know, I appreciate what you want to accomplish. I am cautious about where you are headed.
Comparative effectiveness research should focus on clinical outcomes and produce information that patients and providers can use to make better decisions about their treatment options.
And on the fraud question I asked you that is in your report, has the Federal Reserve responded to you in terms of your recommendation?
How does this money get to ultimately liquefy the credit crunch? How does it get to working families? How does it get to small businesses that need the loans to make sure they can continue to operate and employ people?
That staggering figure stands in stark contrast to the industry's record losses last year which required taxpayer funding assistance to forestall an unprecedented meltdown.





