"I want to mention Lilo, who traveled here from Elmhurst, Queens, a neighborhood I very much love."
"However, new factors, including technology, globalization, and industry consolidation and evolution have left our regulatory infrastructure too far behind the reality of today's global financial syste..."
"If we have got good regulation, and good is not synonymous with a lot of regulation necessarily, but if we have intelligent regulation and the rest of the world doesn't follow us, well, that is too ba..."
"Don't you think the Fed is pretty well removed from political pressures?"
"I have always thought all holding companies should be regulated by one regulator, maybe the Fed, maybe not."
"Even former Federal Reserve Chairman Alan Greenspan, once an ardent defender of deregulation and the free market, recently acknowledged that there was a 'flaw' in his belief that markets could and wou..."
"How in this international financial world, with a national system of regulation, don't you always flee--doesn't money always flee to the lowest common denominator?"
"I think we all have an interest in maintaining the independence of the standard setters."
"All you need is one significant outlier to throw off the--to toss up the apple cart."
"Exactly. Yes, and it worked."
"Eight years of the Bush Administration's one-sided, laissez-faire, deregulatory ideology have helped cripple our financial system."