I want to applaud my colleague from Connecticut who spoke so passionately and knowledgeably about the challenge that had been faced by subprime underwriting gone astray. If only the letters that he and his colleagues wrote in 2006 and in…

I do think it is important to recognize that the bulk of what Senator Corker addressed goes right to the heart of this amendment as well. There is a point of distinction between the two amendments, a critical point of distinction; that is…

Through those hearings some have observed that Goldman Sachs has become an ``iconic image of bankers with conflicts of interest.'' Let me try to again address that. If you are selling fireworks, you should not be in the business of…

I will be very interested in understanding the types of rigorous examination and testing of blowout preventers.

in honor of National Nurses Week, I wish to recognize the more than 3 million nurses who work hard day-in and day-out to give patients the care they deserve. Because my wife Mary is a nurse, I have seen firsthand what an enormous impact…

I am honored to rise to address the Volcker amendment, which I am pleased to be able to cosponsor with my colleague and friend who is now presiding over the Senate. I thank Senator Levin for the outstanding job he has done in shining the…

Well, my colleague is absolutely correct. The failure of financial rules has become so obvious and had such devastating impact for our families--as my colleague put it, $17 trillion worth of damage. That means families lost their…

My friend and colleague is absolutely correct; that, indeed, my colleagues across the aisle, the Republicans, voted three times to say they did not want to proceed to the bill, where their ideas would bear public scrutiny. Instead, they…

My colleague is absolutely right. Because predatory mortgage practices were at the heart of this crisis that led to securities that blew up the economy and led to the loss of millions of jobs around our Nation, with an unemployment rate in…

I applaud my colleague from California who has been an extraordinary champion of consumers throughout her career. She understands that the basis of a successful nation is successful families. That depends on them having a strong financial…

It's a problem, because it basically creates a greater challenge for diverse schools, and it's not a fair measure.

If I might chime in at this point and say that in terms of the discussion I saw at the State level in Oregon, this is a bipartisan discussion, because it is indeed deeply rooted in traditions and wisdom that extends back not just…

I rise to praise my colleague from Rhode Island for producing this amendment. I look forward to seeing it offered. I certainly am honored to be able to cosponsor it. I thought I would share with him a story that goes back to my days as a…

it is very helpful to have a former CEO of a company such as Citigroup weigh in on the challenges before us. John Reed, as former chairman and CEO of Citigroup, is in a position to reflect on the deregulation and the combination of the…

I wish to address a particular point, which is limiting the ability of high-risk investments to blow up our economy. My colleague and friend, Senator Levin, did a monumental service to this institution today by holding a hearing with the…

Tonight we had a vote in which 57 Members of this body said we should proceed to have a fully public debate and votes on issues related to Wall Street and Main Street; 57, far more than a majority, said it is time for us to come to this…

Essentially, FDR did three things in response to the Great Depression: one was to create jobs, a second was to fix housing, and a third was to repair the banking system. All three were essential. What did Roosevelt do in response to the…

Let me give you a real example, the types of examples that we hear.

The modifications of HAMP are appreciated, but the HAMP process is inherently complex and messy.

Keep in mind, the net present value test is a test for a bank to decide if it is in their best interest, not if it is in the family's best interest.

I need for the Secretary of Housing to say, I am going to get engaged on other strategies to assist families in foreclosure.

I will tell you my impression was that these school districts would be happy to share what their learning is.

I join my colleagues in talking about the challenge that is faced by America's working families. Back home in Oregon, our economy has been hit pretty hard. We have a timber industry, and when you aren't building houses across the country…

I know when all of my colleagues go home, they hear stories from their constituents about our broken health care system. That certainly is what I hear. I hear it in my townhalls. I hear it on the street, as people stop me and share their…

I am very pleased to support his nomination, and thank you for the invitation to introduce him.