Frank Lucas actually said...

"Although it may not have been perfect, Congress included an exemption in Dodd-Frank for end-users from the margin, clearing and exchange trading requirements."

"I would simply observe, I think, that we all realize that the Fed's, in effect, running the printing presses perhaps is the best policy alternative they have there right now in this situation."

"[W]e were able to improve areas most important to end-users--the manufacturers, the energy companies and food processors that use swap agreements to manage price risk so they can provide consumers the..."

"This bill, if nothing else, certainly needs more consideration not less, and I congratulate you on moving with haste to expose the shortcomings."