"Thank you Madam Chair for holding this hearing. I commend the JEC for taking this opportunity to engage in such a timely subject."
"Three weeks ago we heard from Chairman Bernanke who stated that the U.S. economy has contracted sharply since last autumn."
"Clearly the United States needs oil to sustain our economic growth, but our supply here in the U.S. is limited and so we have turned our attention to developing countries such as Venezuela, Nigeria an..."
"Real gross domestic product has dropped at more than six percent in the fourth quarter of 2008--as well as the first quarter of this year--resulting in the loss of some 5 million jobs over the 15 mont..."
"A number of factors have contributed to this situation; however, rising commodities prices are clearly capable of prolonging this current recession, foremost on that list being oil."
"The role of oversight and investigation may not be as glamorous as program implementation or funds management but to the people I represent, it is probably more important than any other aspect of the ..."
"Your work is worth every penny that you recover through your criminal investigations or deter through the presence of your office."
"Your recommendations to Treasury to require all TARP recipients to report on their actual use of every dollar, and auditing for verification, is an important first step in keeping the TARP out of trou..."
"People in Texas want answers and they want to see that their government is willing to seek the truth without politics getting in the way."
"I think the use of antitrust to break up the largest banks will be essential."
"Perhaps Dr. Stiglitz said it best when he characterized the recent Treasury proposal as 'robbery of the taxpayers.'"