"What I want to know, what I really want to establish here is this the oversight panel, and the thing that I really care about is whether the law is being followed."
"Well, I think it is fairly clear that Treasury has upheld the law that Congress passed on limiting executive compensation of companies receiving assistance from TARP."
"Like most Americans, I was troubled to learn how the structure of compensation packages on Wall Street helped to create incentives for taking the unnecessary and excessive risks that led to the financ..."
"We held our noses because it cost so much money, so much federal taxpayer money indebted us so deeply to do that, but it turned out to be a good gamble because we have recovered, as Ms. Geoghegan has ..."
"I believe we are totally cooperative with all the interviews they have requested and all of their written questions."
"I appreciate very much the opportunity to address that point."
"Congress also required that Treasury prohibit golden parachutes, or exorbitant departure payments, to senior executives."
"I will be working with the GAO to find the best possible way to coordinate the various adaptation reports."
"Obviously sequestration is going to and it's designed to impose across-the-board spending cuts to an economy that is still slowly recovering."
"This is not the time for broad cuts to programs intended to support the unemployed."
"Sequestration is going to and it's designed to impose across-the-board spending cuts to an economy that is still slowly recovering."