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."

"Our offices are frequented by small banks and credit unions who are struggling under a regulatory regime that hasn't been 'right-sized' for them."

"While I am very frustrated with the current regulatory framework for our community financial institutions, I am encouraged by our regulators' willingness to appear today and address some of these issu..."

"If it is a Federal trust fund, do not trust it."