Political Quotes

“The gentleman from Connecticut has the unique ability, in order to come to the floor and work in a manner where both sides said we had a bipartisan joint piece of legislation, a jobs-creating legislation, to turn this moment into a partisan attack. No, I never once said I am against a blanket condemnation of all regulations. In fact, if the gentleman from Connecticut had listened closely, he would have heard that we are, I think, in a bipartisan manner, opposed to overly excessive regulation, regulation that does not make sense, regulation that hurts jobs. I think that is what his colleague also said. She is opposed to those unnecessary regulations, and that is what this bill is about. We are in favor--I think the gentlelady and I both said this--of smart regulation. That is what this bill before us is about trying to achieve. If he wants to take a look at bad regulation, all we need to do is look at the excessive and the inappropriate regulation that we had prior to the '08 crisis, the fact that we had examiners and regulators in each and every one of the major failed institutions that led up to this crisis, and those individuals failed to do their jobs. Those individuals failed to find the problems before they came to a head. Those individuals failed to find situations even when they were told about them in such cases as Stanford or Madoff or a list of other ones I could go down here as well. We had regulators who did not perform their job.…”