Chuck Schumer actually said...

In retrospect, do you think the regulatory agencies... have done as vigorous a job on consumer protection as they should have?

Schumer questions the effectiveness of regulatory agencies in consumer protection.

10/13/2009

More Chuck Schumer Quotes

The SEC apparently couldn't hit the broad side of a barn if you gave them a shotgun and directions.

It is clear the system as it exists is broken, and I want to look forward to working with Chairman Dodd, Senator Reed on his excellent propo...

I think that, in our judgment, one of the reasons it is so critical to move on financial regulatory reform this year is precisely that.

I am proposing, in addition to Senator Reed's bill and the Administration's proposal, that for every ten rated products, the SEC would rando...