Chuck Schumer actually said...

"I am confident that the changing of the guard, particularly the appointment of Mary Schapiro as the new SEC Chairman, will be a good start toward reforming the SEC."

"Senator Schumer"

"I think our leadership on this is critical to our bona fides with respect to Iran, North Korea, and the rest of the world."

"I endorse him, without qualification, unequivocally, and with a great deal of pride that someone of his talent has been nominated."