Thank you, Chairman Lungren and Ranking Member Brady. We appreciate the opportunity to be here today.

You try listening to them, and they make almost no sense. These are people who were living in dirt. These were people who were involved with drugs. There was violence. There was rape.

If they feel strongly about political views, absolutely, get involved in the political system, run candidates, go out and have peaceful demonstrations, become part of the process.

I certainly do. First of all, I think the mayor was totally right than having them be evicted. And also the way they conducted themselves, the anti-Semitic remarks that are being made.

First of all, you try listening to them and they make almost no sense. These are people who are living in dirt. These are people who were involved with drugs. There was violence. There was rape. Life full of frustration, they should go see…

To me, there was nothing admiral at all about these demonstrators. This is nowhere comparable to Gandhi or Martin Luther King.

You don't occupy a park.

I don't consider civil disobedience to be violating other people's rights.

To me there was nothing admirable at all about the demonstrators. This is nowhere comparable to Gandhi or Martin Luther King.

Iran was planning an act of war on U.S. soil. And when it comes now to a U.S. response, Chairman King says everything should be left on the table. Everything.

Everything should be left on the table. Everything.

Good planning matters, and the poor planning for these programs has had devastating effects and lost opportunities.

What Treasury has done is the exact opposite--changing its goals to meet performance no matter how anemic it is.

HAMP has failed, and with it, it has crushed the hopes of millions of homeowners.

Thank you, Congressman Rangel. As all of you know, this is not something we're used to doing in New York. But it's a great moment. It's a great moment for New York. It's a great moment for the people of the Ninth Congressional District…

My concern is that the further we get from September 11, the more the horror of that day fades into the recesses of peoples' memories.

Let me emphasize, there's no partisan element to this. The administration is handling this exactly the right way, doing what they have to do, and I certainly pledge to work with them in every way that I can.

there's reason to believe it could be true, but we cannot confirm it's true.

Well, it means that they have information which is specific, there's reason to believe it could be true. But we cannot confirm it's true.

What I can tell you is that the threat is very specific, it's credible, but it's not confirmed.

We have had an explosion of cost here without any doubt about it.

As we have scored successes in one area, the enemy has adapted to it.

The terrorists are way ahead of us because they are smaller, they are mobile and they are able to move.

The fact is the enemy is still there, and the enemy is still as dedicated as it was before.

Again, Ranking Member Thompson, thank you for your opening statement.