I would absolutely support proceeding again with registration of hedge funds so that we could have a much better handle on who is out there and what they are doing.

The September 11 attacks illustrated a fundamental failure by our Government to share information effectively.

I would hope that that procedure could be quickly abandoned and that the Enforcement Division could be given the direction to fairly but aggressively enforce the law.

The industrial base is obviously of very great concern.

I think the President has chosen very wisely.

I recall 8 years ago at this time, when we had a significant surplus in the Federal Government after the Clinton Administration.

I consider the threat from lack of governance to be equal to the threat from the Taliban.

We need to move away from supplementals, I think the Secretary has said that, the Chairman of the Joint Chiefs has said that--I certainly agree.

I would agree that a separate track, with much more streamlined processes, is necessary to support operational forces.

I feel extraordinarily confident that Mary Schapiro will meet those challenges based on her experience, based on her intelligence, based on her integrity.

the apparent policy of the Bush Administration was to at least cut taxes at a time where it was not quite clear you could maintain the surplus

It is a great privilege for me to be here today to introduce Scott Gould to this Committee as President Obama's nominee for Deputy Secretary of the Veterans Administration.

I think this was a conscious decision of the Bush administration, of Secretary Preston, without the mission to FHA and then Fannie and Freddie to go out there, the mortgage market in the United States would be moribund and we would be in a…

I am just wondering, specifically with respect to these types of programs, but more generally, how are we going to support our public housing programs with real resources?

I think we had over 30 of them over the last 2 years, plus some efforts we made in this area.

I would like to thank Chairman Dodd and Ranking Member Shelby for scheduling this nomination hearing so quickly, an important part of our constitutional process.

Opening statements, comments, or prepared statements of: Senator Reed

If confirmed, you will, at times, be their only voice in housing policy discussions that occur within the Obama Administration.

It is not just affordable housing, it is safe and affordable housing.

My point is that all of the efforts to make sure that FHA is running its programs in the most effective possible manner would be directed at ensuring that there continues to be a stable, open, fair, reliable mortgage system in the United…

According to the latest US Conference of Mayors Report on Homelessness, homelessness has gotten worse nationwide.

I commend the President. I have had the privilege of working with Mr. Donovan in many capacities.

I want to thank Senator Shelby and the members of the Committee, because when we passed the housing bill last summer...

I hope that as a member of the President's Economic Team, you will make stabilizing the housing market one of your chief objectives.

I would like to arrange for the members of this Committee or their staffs to meet with HUD.