Chuck Schumer actually said...

"For myself, I feel strongly that an independent consumer regulatory agency can only work if these three problems are solved."

"It is clear that we need to end charter shopping, where institutions look around for the regulator that will go easiest on them."

"There are reasons for one strong, powerful, efficient regulator, and I think people who are objective... tend to think that should happen in the banking area."

"A lot of the biggest failures were under not Mr. Bowman, I don't blame him, but his predecessor's watch."