I remain committed to ensuring that American consumers are going to be further protected.

This is exactly why we need, in my view, an independent Consumer Financial Protection Agency.

Abusive overdraft policies are blatantly unfair, in my view, and the banks know it.

The Homes for Heroes Act provides funding for the development of housing for low-income veteran families.

Thank you, Mr. Chairman. I look forward to today's hearing and the prepared testimony from the witnesses.

The crisis of veteran homelessness has never been worse in our country, and frankly, we face a moral responsibility to address it as soon as possible.

Finding and obtaining safe and secure housing is often the biggest obstacle veterans in recovery face.

The least we can do as a Nation is ensure they have a roof over their head in the Nation they fought to protect.

It is imperative that Congress acts quickly to address these challenges and work with the Administration to end veterans homelessness.

In order to combat and prevent veterans homelessness once and for all, we must take a comprehensive approach and use all the tools at our disposal.

We would urge this Committee's consideration of that legislation.

This legislation is sorely needed if affordable senior housing is to survive into the future.

I especially would like to thank Senator Kohl and Senator Schumer for introducing S. 118 on the first day of this Congress.

We've got to stop it. We've got to outlaw it.

Why don't you--I don't quite understand.

Texting--if you watched the President give the State of the Union, half the Congress is texting.

Our bill would instead offer incentive grants to states that enact laws to combat distracted driving.

Distracted driving is a serious and ongoing threat to safety.

I believe America's capital markets have been and should continue to be the leading markets in the world.

And if the market is so fragmented, you never know that best price. That is the problem here.

Thank you for those excellent answers.

But you agree basically with the thrust, the SEC agrees with the thrust of my remarks.

when my two daughters first learned to drive just a few years ago I worried about their safety.

I think it's a step in the right direction.

Thank you, Mr. Chairman.