The five largest U.S. banks in 2005 were all national banks and too big to fail.
Robert 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.
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…
Does it really make sense to open areas where there is no existing oil and gas infrastructure?
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.
You often talked about the energy moon shot as one of the things that you hoped to be able to achieve. I think that is desirable.
Finally, you know, my understanding is that the Department's 5-year OCS drilling plan does not consider the potential economic impact on a State's tourism industry, for example or its fishing industry.
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…
You have got to quantify this risk. You have to tell us what is the level of the systemic risk.
it is just a recipe of throwing more money in a process in which we don't have a quantifiable baseline to determine where we should be going.





