Mark Warner

But if at the end of the day the ramifications of buyers making bad choices around the credit markets is that we, the taxpayers, are ultimately going to bail them out, don't we have some responsibility to perhaps put some either ring…

I share some concerns about some of the Administration's proposals.

The notion--when we lost sight of the--three great things done by the Depression Era Congress and Administrations were the establishment of the Securities and Exchange Commission, the establishment of the Federal Deposit Insurance…

We need an independent, single-focused mission Consumer Financial Protection Agency.

No prudential regulation on the whole nonbank sector of the----

I concur that there have been failures in the systems and that we need to figure out how to do a better job on consumer protection.

If we are going to subsidize people because we think transit is good, instead of subsidizing transit agencies that tend to build urban monuments, maybe we should give those subsidies to the transit users.

I just want to say I am very interested in these ride-sharing approaches.

I am intrigued with some of your comments about the growth of the private company bus competition in the Boston-to-Washington corridor.

I think there is a clear role for private operators and an expanded role.

A Risky Choice for a Risk Czar

I need some more convincing of the creation of this Consumer Protection Agency.

There are some important signs of stability, some important signs of healing in the financial sector.

I am also concerned about a resolution authority funding cost for nonfinancial institutions that then might be allocated against the banking industry.

I am also concerned that if we fully fund that on the front end, though, with these major institutions, that pot of money could be too tempting for diversion for other purposes.

I am concerned about how we fund that.

I actually believe systemic risk ought to be put in a council that would include the Fed, that would include the Treasury Secretary, that would include the prudential regulators, including the SEC, with an independent Chair and a staff…

I share a lot of my colleagues' concerns about this expansion of authority within the Fed.

I think we realize the responsibility that we have got to get it right; that if we mess this up, the unintended consequences to not only our economic recovery but the overall long-term financial stability for the world is really at stake.

I would really hate to see us, a few years from now, end up with a Balkanized, system-driven set of wireless communication systems that I think would actually put us at a competitive disadvantage against folks across the world.

I would probably wager you a bet, having been in the business for 20 years, around wireless industry, that if you only had a single provider, the incidents of customer complaints would probably be higher than if there was some competitor…

As I think we've often shown, where you don't have competition, the ability of a single provider to provide, perhaps, spotty service and spotty coverage is pretty high.

If the environment starts heading that way, where people don't have that kind of choice, I think that is the concern

One of my goals is to make sure that we get 100 percent wireless coverage in most of our communities.

I think you accurately laid out the point that, you know, the benefits that the country had by having a common set of standards, which everyone could work off of.