Mark Warner

But I do appreciate, Mr. Wallison, you are absolutely consistent on all of these issues around Government backstops.

I would love to sit with you with these various layers, and there may be a way on that ultimate backstop to take a slice.

I hope, Mr. Chairman, that 2013 will not end without us doing something in a bipartisan way to reform these.

I think there is a growing sense that we can find some commonality on this, that we can put--maybe not to the extent of all the panel will agree, but a number of backstops and a waterfall of preconditions before you would ever get to some…

I really do think this is the moment.

Although I would add that those of us who are able to qualify for jumbo mortgages is a relatively small strip of the housing marketplace.

There are real challenges in this system that we have got right now.

We have to get our other colleagues in the Federal Government, particularly on the DOD and intel side, to help you get there on that.

I wanted to know if you have any serious reservations about crowdsource funding.

One of the issues that Senator Warner and I have tried to champion is startup companies.

You've got to have some kind of enforcement tool.

I think this collaboration ought to be industry-led.

I do believe there needs to be an enforcement mechanism.

The weakest link could not only provide a way into your company, even though you've got the Good Housekeeping seal of approval, and cause harm

And they still were not merged.

The inequities that it creates and the appearance of inequity in the justice system that it creates cannot be tolerated by the Congress, and it cannot be tolerated by the Department of Justice.

I would say knocking Iran out of Target2 is particularly appropriate after this attack, which, you know, since Hezbollah is a wholly owned subsidiary of the MOIS, the Iranian intelligence service, and we would lock up a lot of money from…

I will note, according to United Against a Nuclear Iran, since the unanimous Senate adoption of the Menendez-Kirk sanctions on Iran, the Iranian currency has fallen 63 percent in its value measured against the U.S. dollar.

I think what you are hearing from all of us is an enormous concern, coupled with some of the comments the Attorney General made.

You would think there would have been one hell of a penalty for money laundering for terrorists who are building nuclear weapons.

I do not personally believe that it can be the position of the U.S. Government that any institution should be too large to prosecute.

I want to make sure I get a word from Mr. Curry and Mr. Powell on how we--again, the question--I have got a series, but the question with the remaining time I have got is--we all want you to be more aggressive here.

This is an issue that is going to just get tougher and tougher as we move into these mobile banking technologies.

We clearly believe there should be no institution not only too big to fail or not any institution too big to prosecute.

Thank you, Mr. Chairman, and Chairman Bernanke, thank you for your work and your efforts to, as I think we all have some concerns, take extraordinary actions, oftentimes because, at least to date, it seems like we have failed to keep up…