I think most people thought it was a pretty silly idea.

It was the primary type of institution that the Fed should be supervising. And I do not say this to beat a dead horse, but it does make one wonder.

We wouldn't have any regulators.

So saying it is going to end in March is just kind of like saying we are going to withdraw troops in Afghanistan in 18 months.

The financial crisis was the product of fundamental weaknesses in both private market discipline and government supervision and regulation of financial institutions.

the daughter of Tennessee Senator Bob Corker is discovering -- recovering, that is, after being carjacked.

You can't grow a national army of 400,000, including national police, without people who are willing to support that concept.

I absolutely do not believe you have a political cell in your body, as I have said publicly many times.

I have stated that all the way through, and I think most people in this Committee would be very concerned about us getting involved in monetary policy.

You have talked a great deal about the Fed maintaining supervision over some of the larger entities in the country, and some people have put theories out that, you know, the Fed ought to look at the--ought to supervise the top 25 entities…

I am concerned about what that is actually doing to the Fed itself.

There's some legitimacy in the concern that Senator Boxer mentioned, with level of violence that might be engendered by military presence.