I am wondering if the Senator can confirm that we have routinely extended unemployment benefits over many decades, over both Republican and Democratic Presidents and Republican and Democratic Congresses, and we have always done it when the…
Jack Reed
The Public Record
Jack Francis Reed is a United States Senator from Rhode Island, serving since January 7, 1997. A member of the Democratic Party, Reed has been an influential figure in the Senate, particularly known for his work on the Armed Services Committee. Throughout his tenure, he has focused on issues such as national security, veterans' affairs, and economic development. Reed has also been involved in various legislative efforts aimed at improving education and healthcare access for Rhode Islanders.
we have today taken a very strong, positive step forward in terms of responding to the No. 1 crisis in our economy, and that is jobs for all of our people. Under Leader Reid's leadership, we were able to get a bill through, with a huge…
we have to get the confidence of the American people restored, and their trust.
until I think you make it clear that this is an important objective, we will get a lot of motion and not a lot of results.
I think some of the problems with the Basel II, particularly, were the ability to rely exclusively on credit ratings for securitized products.
Expecting it and getting it are two different things, and I think we have reached the point we have got to get it, Mr. Chairman.
We are in the midst of this great residential and it goes right to the core of economic confidence and ultimately consumer demand.
one out of ten homes are either in foreclosure or 90-days delinquent, and that saps not only the energy from the economy
I am coming to a conviction, that many times these devices are used to avoid regulatory constraints.
I will concede, it is a difficult problem, but sometimes you have got to send a very strong message.
My thought would be if, for example, one of the factors in a contract for a radar system was a plus for a valid apprenticeship program in the applicant, would that be helpful, in your view?
I think it is important for us to foster within the government but also outside of the government the ability of multiple agents to make a judgment on this.
Last, I just want to say how pleased we are that we learned last week that Senator Reed introduced S. 3005, the National Institute of Finance Act of 2010.
I want to thank you all for excellent testimony, thought provoking, and also for your advancing this issue.
If we don't achieve it in the next several months, the bubbles that might be out there percolating... will once again catch us by surprise.
I think we are all focused on finding the best way to maintain higher levels of common equity.
I want to welcome Governor Tarullo also. I want to thank you for holding this hearing at the suggestion of Senator Corker.
too big to fail is the first chapter, but the second chapter is too interconnected to fail.





