Patrick Toomey actually said...

"But what I understood you to say is that you agree with the premise that the actual activities of the bank ought to be given more weight than an arbitrary dollar value of assets?"

"I think you know from our previous conversations I have long been of the view that the risks associated with this unprecedented experiment in monetary policy probably outweigh the meager benefits."

"What is your reaction to the idea that the Fed would be able to design its own rule, but it would be an objective, data-driven rule?"

"I just want to say briefly I will not be able to stay until the time when I would be able to ask questions, but I am concerned about a process that is underway by which the CFPB is collecting a vast a..."