Mark Warner

I saw Arthur Levitt's comments about venture exchanges saying, you know, a solution in search of a problem.

How we can get access to capital and grow small companies, startup companies, is critically important.

I do think we ought to--I think this is a very good hearing, but we ought to get from the panel and others, you know, what steps we can take within some of the existing frameworks.

I think one of you all raised what about the adverse selection issue.

I think the only way that this venture exchange works and we do not have a repeat... is we would have to have... a regulatory regime that would actually ensure that there is... a more structured way for people to actually exit these…

I would just strongly urge you... that we would have a lot more knowledge if we could actually get the tick size project out.

The notion of how can we help some of those companies along the way move on that path is terribly important.

I look forward to working with you closely as we have on so many other projects over the years.

I think it is very important because it is kind of like you could actually question whether a venture exchange might undermine the tick size pilot.

This is an area where we have made some progress, and bipartisan action on the JOBS Act a few years back made important changes.

We are trying to help the President be able to do what he cannot do by Executive Order.

Claire McCaskill, who is on this Committee, and I have introduced it.

Debt service with our current $18 trillion in debt will exceed total defense spending or total domestic discretionary spending in 10 years, and that is not a good business plan for our country.

I would like to make sure that we deal in a perfect world with currency manipulation, but currency manipulation to one could appear as monetary policy to another.

One of the things that has been absent from this discussion today has been... our work and need to still address our own fiscal policies.

I do think I want to make a brief comment on Senator Wyden's comment. We'll have a spirited debate, I think, on that FISA issue.

Clearly, with 400 banks failing, we still have to deal with safety and soundness.

I thank the Senator for his comments. We might agree or disagree on the role the President has played, but that still doesn't beg the fact that we need to continue our efforts in this body and in the body down the hall. ____________________

I agree with the Senator from Maine, and I would urge a voice vote as well.

As a Governor, as well, Governor Engler, and we worked together on things, we balanced our budget

I actually would wager you, Mr. Chairman, that as different the views could be from the three panelists, that they could actually come up with a coherent plan

The debt has to be dealt with because it is unsustainable.

I do believe absolutely what this country desperately needs is all in this together.

I think it was irresponsible not to put on some kind of tax specifically dedicated to that war.

It is great to be here with my friend Rob Portman, and echoing what you have both said on the DATA Act...