I thank you and congratulate you, Chairman Reed, for putting together an excellent panel.

Second, we instruct the SEC to issue rules allowing long-term shareholders with significant stakes in the company to have access to the company's proxy form if they want to nominate directors to the board.

First, we require all public companies hold an advisory shareholder vote on executive compensation and obtain shareholder approval for golden parachutes.

How about take away that exception? Any other justification?

Thank you, Mr. Chairman. My time has expired.

It is clear to me that Congress must do more to help struggling American homeowners.

Wall Street's failures have hit Main Street, as we all know, across our Nation, and it will take years, perhaps decades, to undo the damage that a stronger regulatory system I think could have prevented.

Taxpayers had no choice but to step in--and that is my strong view--assuming billions of risk and saved companies because our system was not set up to withstand their failure.

I share my colleagues' concerns about giving the Fed additional authority to regulate systemic risk.

First and foremost, we need someone looking at the whole economy for the next big problem with the authority to do something about it.

Yes, we can do this.

Employment verification systems that require employers to make subjective determinations about an employee's identity or legal status are bound to fail.

We can only prevent illegal immigrants from working in the United States if we create a tough, fair, and effective employment verification system that holds employers accountable for knowingly hiring illegal workers.

Can I ask a question? What percentage of the American people have a passport with a picture? I think it's only like 10 percent.

Employers right now, there's a perception that E-Verify does not work.

Thank you, Mr. Aytes.

The American people will not accept any legalization of those currently in the United States illegally unless and until they're convinced that the government is very seriously committed to preventing future waves of illegal immigration.

I think comprehensive reform which includes some changes in the verification process is going to be necessary.

We do not intend that to happen.

And on that optimistic note, we will thank our witnesses and call the hearing to a close.

Obviously the devil is in the details in getting them all done, but I agree with your comments...

Well, I want to thank you, Luis Gutierrez. You are an inspiration in terms of all you have done, and your passion, but also your intelligence and your practicality, realizing how we can get this done.

I articulated principles for immigration reform that I believe can pass through Congress with bipartisan support.

We need a fundamental reexamination of our relationship with China.

The Administration and Congress should, I believe, immediately move away from our decades of misguided trade policies and demand trade agreements that have meaningful labor and environmental standards and forbid illegal subsidies and…