Mark Warner actually said...

"I commend Senators Corker and Warner for having put together a coalition around a bill that has all of these elements in it."

"If we screw this transition up, we are talking about catastrophic damage to a very fragile housing sector and the broader economy."

"It is critical that any supervision of the private entities participating in the securitization be in the hands of a strong, independent Federal regulator."

"I do, however, believe there are ways in which the structure proposed in that legislation, especially the regulatory structure, could be improved."