It is hard to make the case that we had an adequate job of oversight given those results.

the Federal Reserve, you know, is at the forefront of what needed to be done because they had the ability to set the standard.

Thank you. I have one last question and one follow up and then we'll, unless a member appears we'll close the hearing.

I want to caution both departments that if they don't reach an agreement as they've pledged to that some of us, certainly, I may very well decide the conflict for them.

I want to thank you and the ranking member for holding a hearing on what I think is an incredibly important topic.

The five largest U.S. banks in 2005 were all national banks and too big to fail.

I look forward, Mr. Chairman, to working with you to try to make this happen, because these community banks are the ones that are actually out there still lending in communities at a time in which we generally don't see much credit…

I think this is incredibly important. It's a vital, cost effective way for us to meet our energy challenges.

I look forward to joining you in New Jersey when you come to hear from people along the New Jersey shore about what drilling off the Outer Continental Shelf would mean to them in their lives, in the economy of the State and in coastal…

I want to start off by commending you, Mr. Secretary for acting quickly to extend the public comment period on President Bush's administration's hastily constructed 2010/2015 year OCS oil and gas leasing program.

It's clear that the level of scientific knowledge needed to proceed with rational decisions about the plan OCS leasing on the Atlantic coast in my view are sorely lacking.

Does it really make sense to open areas where there is no existing oil and gas infrastructure?