Chuck Schumer actually said...

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

"You need only to pick up our morning newspapers to appreciate what people are going through."

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

"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 values."