Peter Welch actually said...

"I think the exchange went to great lengths to try to change the terms of the cotton contract last year because a lot of people were concerned that the cotton market wasn't working properly."

"I believe the CFTC is the right place to determine whether that manipulation has taken place."

"I have a lot of community bankers who are very upset about some of the regulatory impacts of Dodd-Frank."

"The goal here is to try to get the regulation right."