Mark Warner actually said...

"The financial crisis of 2008 was global in nature and taught us that systemic risk does not respect geographic borders."

"It is the principal reason why I held a hearing in this Committee in May 2013 assessing progress on cross-border resolution."

"I guess one thing I would also like to ask comments from the whole panel is I think one of the things that we have seen progress is that there is a growing recognition from the Fed and others that the..."

"I think we had pretty broad agreement from both sides of the aisle that there needed to be this clearer path to de-designation."