Chuck Schumer actually said...

"We were pleased, therefore, to hear about the recent bipartisan effort, led by Senators Charles Schumer and Richard Shelby..."

"We intend to hire staff with specialized expertise in financial services and other related areas, including product specialists, traders, and others."

"This hearing will focus on critical consumer, investor, and shareholder protections in financial services."

"It is an historic undertaking, one of the most important debates in which we have engaged here in a long time."