Sherrod Brown

We must hold China accountable for its commitments.

China promised to let the people of Hong Kong freely elect their leaders and enjoy the freedoms of speech, press, and religion.

The future of freedom and democracy in Hong Kong is under serious threat.

Payday lending is an experiment that began in the early 1990s in this country, and the goal was to try to make more credit available to financially fragile consumers.

We should not be outsourcing these jobs. Civil servants who decide to pursue a career assisting veterans lead to better services.

If the VA continues to outsource more and more activities, at some point, we are going to reach a point where the VA is a health insurance provider and not a health care provider.

I think that Senator Isakson's aptly pointing out the terrible affliction... of suicide in the military attests to that.

S. 1369 would clarify that the Federal Reserve is not required to impose a bank regime on insurers by exempting insurers from the Collins Amendment.

Dodd-Frank imposes new regulations on derivatives.

Thank you, Senator Tester.

Thank you, Senator Johanns.

If we move forward on legislation or the Fed makes this--follows the suggestions of this panel, would they still have the ample tools to regulate institutions in other ways?

I think that FSOC could direct the Fed to fix the problem as well.

I would frankly just refer you to Mr. Cohen's legal analysis, which I think is superb and I, you know, independently agree with.

Do you think, as suggested by Ms. Wilson, that applying Basel III to insurers would or could have a negative impact on the safety and soundness of these institutions?

We appreciate the leadership of Senators Brown, Johanns, and Collins on this important issue.

I recognize the concern that some have about opening up Dodd-Frank. But if there were ever to be a revision, this is the time and place.

I appreciate particularly Senator Johanns' efforts on this Committee with Senator Collins and others in fixing what we think is a very fixable issue.

There is across the political spectrum and across party lines broad agreement that providing traditional life and property and casualty insurance is different from banking.

Thank you for your leadership on this issue and sharing your ideas for legislation and advice for the Fed with the Subcommittee.

The President's budget includes an important expansion of the Earned Income Tax Credit for workers without children.

I think that a quick--accelerating the rules that you and FDIC and OCC, without diluting those rules, is a really important not just substantive thing to do, but really important message to the financial community and to the public that…

One reason I want to raise the minimum wage is because I do not really buy that every one of those fast food workers is going to graduate to a better, and better, and better job and make $50,000 a year, $40,000.

When I hear talk of raising the retirement age or raising the Medicare eligibility age, I think that all of us who do this for a living should be doing what the Pope has suggested and actually listening to people in situations like that.

But either way, the distribution is going to a relatively small number of people, and the tax code incents any of us who can to take advantage of that.