Chuck Schumer actually said...

"I want to mention Lilo, who traveled here from Elmhurst, Queens, a neighborhood I very much love."

"However, new factors, including technology, globalization, and industry consolidation and evolution have left our regulatory infrastructure too far behind the reality of today's global financial syste..."

"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..."

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