Jack Reed actually said...

The foreclosure backlog is really inhibiting not only the banking industry, but overall economic growth.

Thank you very much, Mr. Chairman, and let me commend you, Chairman Bair, for your extraordinary service----

the idea of coordinating as much as we can imagine, a unified set of rules that apply to the SEC-regulated entities.

I think, you know, the challenge we gave to regulators was come up with an appropriate balanced mechanism that exempts certain loans from th...