On the recordApril 22, 2010
This is a bill that has been out here for a month-- weeks. I think people even reading slowly would have a chance to work their way through that in a month. This Kabuki dance we have been involved in for months now--my friend, and he is my friend, the ranking member of that committee, the distinguished senior Senator from Alabama, worked with the chairman of the committee for weeks and weeks--weeks going into months--trying to come up with a deal we could move forward on. That was no longer possible. No negotiations went on. My friend from Alabama said that is enough. Then we get the Senator from Tennessee coming in and spending weeks with my friend, the chairman of the Banking Committee, Senator Dodd. That fell through. We are moving to this bill because we need transparency, we need accountability, we need someone to respond to Wall Street because they have not responded to us. This game is apparent to the American people. My friends on the other side of the aisle are betting on failure again, as they did with health care, as they have done on everything this year. They did not get-- health care was not Obama's Waterloo. Maybe they want this to be his Waterloo, but it is not going to be. We are going to move forward on this piece of legislation because the American people demand it.





