Jack Reed actually said...

It is less effective--and we saw this particularly in the case of predatory lending--when the national standard is rather low and State stan...

Well, thank you very much, Mr. Chairman. Thank you, gentlemen, for your excellent testimony.

I want to commend Mr. D'Agostino for his outstanding service in the United States Navy.

But that would be very disturbing if, in fact, market information was much different than what regulators had.