Jack Reed actually said...

"Let me just say, both to Chairman Gensler and Chairman Schapiro, the comments this morning reflect a collaboration and cooperation that is recent, but is very commendable."

"I appreciate the systemic approach, but in just looking back it seems to me that the approach of looking at the risk assessment and evaluating it and seeing that they were doing what they said they we..."

"I want to commend you because you have identified a significant issue, both the impact on the taxpayer and the impact on the people who we're trying to help, students, people all across this country."

"I hope is analytical and apolitical, which attracts the best minds that are looking across the system and forward."