"The Congress, as you know, passed the Cash for Clunkers, which I was actually speaking today with the CEO of General Motors before I came over here about this hearing."
"Congress and the Administration working together need, in my opinion, to immediately enact such a policy, a formal one that puts American workers first."
"Elizabeth Warren came to see me the other day--I think you all know her--and she is a brilliant woman who has pretty much--I heard her sort of predict what housing was going to do to us 2 years ago."
"When I hear 'if they show progress,' that suggests patience, and there is--and it always suggests to me when I think about China and patience, I think of when Chou En-Lai was asked when he was--I thin..."
"The absence of a policy of manufacturing and industrial policy allowed us yesterday to let CIT fail as a financial institution it would appear today."
"You seem, Dr. Zandi, a good bit more polite toward the Chinese than they are toward us, but that is certainly your right."
"Is there anything--or give me an assessment or any ideas about what we do to stimulate that part of the economy especially so that people--because, obviously, if there is more demand for auto producti..."
"I think that has little to do with any trade policy as much as it does less demand from American consumers, correct?"
"We need to strongly consider the interests of energy-intensive, import-sensitive manufacturers in this through border adjustment and allowances and get the right solution."
"Well, I guess I will ask it another way."
"That is why I introduced with Senator Murray and Senator Snowe the Sectors Act to provide grants to industry or sector partnerships."