Scott Garrett: “I received it from different locations, actually. It began, if I may, it began with newspaper reports.”

For too long our financial regulatory system has been governed by global networks of really detached elites who believe they are smarter than the market and the people when it comes to allocating and assessing risk.

I never thought that I would agree with the former chairman, Henry Gonzalez, about doing an audit of the Fed.

Designating more private companies as too-big-to-fail and turning their regulation over to the Federal Reserve and its ever-growing safety net, if you will, is not going to solve the problems of taxpayer exposure to the financial system.

The Obama Administration officials and their appointed regulatory cheerleaders need to stop putting political politics above the rule of law.