Chuck Schumer actually said...

the greatest challenge President Obama has after he gets us out of this financial mess is to figure out how we get back to those traditional...

the time is right for a financial services regulator with consumer focus.

So this week Senator Durbin and I plan to introduce legislation to create a new regulator to provide consumers with stronger protection.

I think this hearing is really important. We have a great economic crisis in our country and it extends from one end to the other.