Chuck Schumer actually said...

"I fought so hard for an amendment to the Fraud Enforcement Act on the floor last month to ensure that the SEC get the funding it desperately needs."

"I think there has been too much of a reliance on lawyers--I am not against lawyers; I am one--and not enough on the investigative type people who have had experience in the financial world."

"I will continue to work with my colleagues to provide these resources and the oversight that is critical to the success of the Agency."

"Permitted, but is it part of the process?"