Kay Hutchison actually said...

"I am conflicted about the independence, which I think has served us so well through the years, but yet the potential compromising of that by going into more regulation."

"As long as you do not require a person who originates a mortgage to keep part of it, you are going to have problems."

"Every one of us who was here last fall feels that we were misled by the original intention of the Troubled Asset Relief Program."

"I hope we will be mindful of this and tread lightly when it comes to considering new regulations or restrictions on this industry."