I think we have really been talking about the people that we need to be talking about: the consumers of financial products. Those are actually the people who are most affected by this.

We should all expect a well-regulated financial system that is free of fraud and abuse and includes robust consumer protections.

I look forward to working with my colleagues to do that.

the role of Congress is for transparency and integrity of the markets. That is our goal.

I hope that we will get some answers today to make sure that the FDIC is getting the maximum that they can for the money and that they are not killing small business and doing away with jobs.

I am profoundly confused by the logic behind all of this when the threats to our economy leading up to 2008 were so clear and so transparent.

we learned that 24 million manhours will be required to comply with the 185 rules that have been promulgated up to this point.

it only took 20 million manhours to build the Panama Canal, and so one of the things that somebody said was that instead of joining two bodies of water, what Dodd-Frank is doing is joining lawyers with billable hours.

However, a $1.6 billion loss of customer money is not a risk that should exist in an effectively regulated free market.

But I want to be clear that, going forward, I expect that every person who works for or with this committee or other Members who serve with this committee will try to work in a cooperative manner, knowing full well that there will come a…

In order to make those businesses viable, we need a very strong and effective crop insurance, risk management for our producers.