Joyce Beatty actually said...

"In fact, it is double the national unemployment rate, and I think most people--you included--would agree that is unacceptably high."

"I believe, as many of you said in your testimony, that the $50 billion threshold doesn't accurately measure systemic importance."

"Unfortunately, that is not what they have done."

"To the extent that a prudential standard is intended to mitigate systemic risk, it should be tailored to the bank's systemic risk."