"I hope they will be able to answer some of the many questions I, and my colleagues on the Committee, will have about the August 11 proposal."
"the Administration's proposal to regulate the over-the-counter derivatives markets will do nothing but increase costs."
"your input today and the input to the Committee and the Members over the coming days and weeks, perhaps months, is critically important."
"I look forward to working with both Chairmen here today, as well as Ranking Member Lucas and other committees of jurisdiction to make sure that we don't lose sight of what is at stake."
"Most believe, as I do, that the language is rather ambiguous and confusing."
"I am concerned about the Administration's OTC derivatives proposal which would, seemingly, force non-financial dealers to meet certain capital requirements."
"Are you concerned that such a requirement could unintentionally create a bank monopoly in the OTC commodity derivatives market?"
"Don't you think it is a fair statement... that we won't ultimately drive this market into this one set of hands that have the deepest pockets?"
"My concern is that we don't, in the effort to be so protective and to avoid the tier-one, the tremendous institutions, that we strangle out the whole industry, the whole series of products that fall a..."
"the most important thing we can do for our agricultural community is to allow the legislative process to work, to take the time to understand the consequences of our actions."
"The challenges of climate change aren't going to go away."
"It is absolutely essential that we take action."