Jack Reed actually said...

"there has to be a regulatory authority here that is looking at where the capital is coming from"

"I cannot see any system that does not work without that, and that requires regulation."

"I first want to commend Senator Johnson and Senator Crapo for their proposal and for moving very thoughtfully and very aggressively on this issue."

"It would be extremely helpful to myself if you could quantify the savings, the increased efficiencies."