Chuck Schumer actually said...

For myself, I feel strongly that an independent consumer regulatory agency can only work if these three problems are solved.

I have expressed publicly my admiration for the job that Ben Bernanke has done in managing this crisis with Secretary Geithner and others.

We cannot have a safe and sound financial regulatory system that does not protect the consumer, particularly the unsophisticated.

I believe critics are justifiably concerned that the new agency would at the end of the day be all about examining and regulating banking or...