Jack Reed

I am just delighted and honored to be able to introduce Marisa Lago.

I wonder, would you be considering sort of--or how do you deal with this other trade?

I think the President has chosen wisely, and I would hope that we could move this nomination expeditiously.

$1 billion from the sale of warrants on TARP funds to the initial capitalization of the NHTF.

We thank Senator Menendez and others who have cosponsored S. 1731.

Are you confident that we have done everything we can to ensure that situation?

I just want to quickly turn the topic because we have focused on commercial enterprises, but there is a growing--this is not a surprise to anybody--concern among municipal governments and State governments about their pension liabilities.

One of the concerns would be--you are exactly right. They will not go out of business, but their only remedy then would be to essentially do what has been done to Mr. Gump and his colleagues which was to ratchet down payments or increase…

It seems to me again--and these might be isolated incidents--that there were occasions where companies who had taken over, the pension plan was on the books overfunded, and that money was not used for reinvestment in jobs or anything else.

Thank you very much for that.

Today's hearing is a check-up on our equity markets amid concerns that technological developments in recent years may be disadvantaging certain investors.

It is important that regulators keep up.

As many families struggle to regain their footing, stay in their homes, and keep their jobs in the wake of a severe recession caused by reckless profit seeking on Wall Street, it is appropriate and timely to meet today to ask questions…

The Zero Tolerance for Veteran Homelessness Act of 2009...has the potential to set this Nation on course to finally achieve victory in the campaign to end veteran homelessness in the United States.

It is one of our Nation's great tragedies that on any given night, an estimated 131,000 veterans are homeless.

That is a shame, to be blunt. We have to do more.

This legislation would address one of the most, I think, difficult problems that we recognize in the country when it comes to veterans.

Our veterans have made great sacrifices to serve our country, and we have an obligation to honor our commitment to them.

This bill proposes to do more.

If we want to stabilize the economy, we must be sure we also address the root of the problem.

This is an issue that needs to be addressed.

I also want to thank Senator Isakson for his very eloquent and very profound testimony.

We must do more and move aggressively to ensure that qualified homeowners get access to existing initiatives.

The process can and should be more transparent.

But as we have seen during this crisis, many of those, if not most of those, AAA-rated securities have, in fact, been downgraded.