Chuck Schumer actually said...

there appear to be significant gaps in Treasury's monitoring of the use of taxpayer money.

Schumer cites a Congressional Oversight Panel report on Treasury's oversight failures.

02/04/2009

More Chuck Schumer Quotes

But I think what they are saying here is you wouldn't call a hotline.

You know, this is just so confounding. You are saying your staff was competent. They have the tools.

Since the market crashed.

It was just sheer incompetence.