Mary Jo Kilroy: “This logical and commonsense bill would maximize profits for our taxpayers and ensure transparency by requiring an open…”

My heart goes out to those seniors who have been abused by predatory lenders, by predatory practices, by scam artists, and by fraud. This is why we need to take action. As you say, the Wall Street Reform Act is going to help us to do just…

I think the Congressional Oversight Panel report backs it up. It says, 'Treasury would be more likely to maximize taxpayer returns if it sold the warrants through auction.'

But this is not a case of just one bad company. We, unfortunately, had a culture all across Wall Street that allowed things like this to happen. And recently I asked Chairman Frank if we could take a look at some of the practices of Lehman…

I thank the chairman, and I thank the gentlelady, my colleague from Ohio, Congresswoman Kaptur, for bringing this bill forward. You know, the hardest hit funds were put into place with the intention of assisting and helping people in…