Chuck Schumer actually said...

"To me, this is a terrible mistake. We are enshrining some institutions with such importance due to their size and interconnected characteristics that we are implicitly accepting the notion that our Na..."

"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."