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 standards, much more effective, are legally sort of avoided unde..."

"they should be held accountable by this Committee."

"Is it feasible, practical, to insist that we have jurisdiction--if it is an American entity that has set up the center overseas, that we have jurisdiction and that we can at least inspect, investigate..."

"I have seen sort of this debate in many different contexts, and a national standard is terrific if it is tough and strong and reaches all the players."