Chuck Schumer actually said...

"I am concerned, deeply concerned about this, I call it pandering populist movement out there to basically step onto monetary policy."

"I support the creation Senator Dodd has proposed of a strong, independent Consumer Financial Protection Agency."

"Raising interest rates is one answer to deal with the bubble, but that is obviously tricky."

"I worry that over the years loading up the Federal Reserve with too many piecemeal responsibilities has left important duties without proper attention."