Jack Reed actually said...

We need to find ways to help public companies align their compensation practices with long-term shareholder value and, for financial institu...

This Subcommittee has held several hearings in recent months to focus on gaps in our financial regulatory system.

We have also examined problems that resulted from regulators simply failing to use the authority they had.

There seems to be a consensus emerging among regulators and many in Congress on the need for a Council to address risks in the financial sys...