Frank Lucas actually said...

All of these proposals aim to keep capital in the hands of businesses that we need to lead our economic recovery.

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

We can achieve a robust regulatory regime without imposing undue or ill-fitting regulations on businesses across the country.

I hope you will listen today to the issues that will be raised, and I urge you to respond honestly and directly.