Chuck Schumer actually said...

"Don't you think the Fed is pretty well removed from political pressures?"

"Regulation must strike a delicate balance--providing a sense of safety and security for investors, without snuffing out the flame of entrepreneurial vigor and financial innovation that drives economic..."

"If we have got good regulation, and good is not synonymous with a lot of regulation necessarily, but if we have intelligent regulation and the rest of the world doesn't follow us, well, that is too ba..."

"I agree, it is a unique opportunity."