Chuck Schumer actually said...

"Wall Street's failures have hit Main Street, as we all know, across our Nation, and it will take years, perhaps decades, to undo the damage that a stronger regulatory system I think could have prevent..."

"I share my colleagues' concerns about giving the Fed additional authority to regulate systemic risk."

"Thank you, Mr. Aytes."

"And on that optimistic note, we will thank our witnesses and call the hearing to a close."