Jack Reed actually said...

Another point is, when we were there DOD and DOS had identified over 1,000 tasks that had to be transitioned or accommodated.

Reed notes the extensive tasks needing transition from DOD to DOS.

02/02/2011

More Jack Reed Quotes

We have to assess a probability. And then we also have to, I think, probe, as I have tried to do...

But that essentially--I mean, we are getting to sort of what this all might ultimately rest upon--is the Federal Reserve stepping in.

I want to commend you and Ranking Member Shelby for holding this hearing because, looking back over the last several years, there were many,...

I think it also is a strong case, in my view, for a very clear but very strong Volcker Rule.