Joseph Morelle actually said...

"Despite all the concerns that we heard from people about raising the minimum wage, it has really been something that has been greeted largely with support."

"I think it is, Mr. Chairman, and we would certainly love to work with you and the Committee and Congress on that."

"It seems to me that if one institution needs hedging and they go to A and A says sure, I will hedge with you, then A has this risk."

"I just can't imagine the regulatory arbitrage problems that we would have if we broadened this to 50 jurisdictions within the United States."