Frank Lucas actually said...

We have heard confusion about the order of regulations being proposed and concern about the scope of the regulatory definitions.

This is the seventh hearing we have had regarding Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

So today we will consider seven legislative proposals aimed at fixing some important areas in implementation where the regulators, my friend...

They are aimed at ensuring that the regulators don't implement rules that conflict with, or are contrary, to what Congress intended.