Jack Reed actually said...

"There is one issue--and I know Senator Shelby has raised the justification for the mandatory funding for the manufacturing hubs."

"I think we have been awoken to the idea that we need manufacturing as a country and we need it in Rhode Island particularly."

"I would suggest that you adopt a policy immediately that you are not going to rely upon bank-selected or regulated-selected consultants."

"I would suggest you look into the authority question, and I would suggest that both the OCC and the Federal Reserve adopt that approach."