Jack Reed actually said...

"I have the great honor and privilege to introduce Sloan Gibson, President Obama's nominee to be Deputy Secretary of the Department of Veterans Affairs."

"But I would say this, Senator, is legislating these numbers may be locking in to a position where a regulator could do a better job if they were required to be transparent, use econometric modeling, u..."

"It looks like we are sort of making--the Government is making up for the miscues of the private sector on a regular basis, which is not a very popular position anywhere."

"And I think that is an opportunity, to the degree that we can be helpful, we would love to talk about other ways to get there that hopefully could satisfy the broad set of stakeholders."