03/09/2015
https://www.congress.gov...
"I want to thank Senator Wyden for his great efforts that he has made since I have been chairman."
"The private employer-based retirement savings system--particularly 401(k) plans and Individual Retirement Accounts, or IRAs--has become the greatest wealth creator for the middle class in history."
"American workers have saved more than $4.7 trillion in 401(k) plans and more than $7.6 trillion in IRAs."
"I believe it is true that more than half of that $1.2 billion in taxpayer-backed loans received by the failing CO-OPs we talked about, the $1.2 billion that I would argue is essentially wasted taxpaye..."