Patrick Toomey actually said...

"I not only want to thank you for holding this hearing but I also want to take the opportunity to thank the panel of regulators for agreeing to appear before the Committee."

"I find it wildly implausible to think that that is a reflection of a business cycle."

"We must not forget that more than 400 banks with less than $1 billion in assets failed as a result of the crisis."

"the reality is that these small banks have to spend a fair amount of time and energy and resources simply proving that they do not do what they have never done."