Chuck Schumer actually said...

"I think there has been too much of a reliance on lawyers--I am not against lawyers; I am one--and not enough on the investigative type people who have had experience in the financial world."

"So who receives the calls--I mean, again, they are all referred or triaged----"

"the SEC, known as 'the gem of the financial regulatory world' a long time ago, and the SEC's police, your Division, the Enforcement Division, was its public face and its iron fist."

"That is why Senator Shelby and I introduced the Safe Markets Act, to give the Enforcement Division the additional resources it needs."