Shelley Capito actually said...

"The FSOC's basis for the designation simply did not support the likelihood that the failure of the firm would cause disruption."

"It has morphed into an opaque entity that is subverting the prudential regulatory agencies by ignoring their expertise."

"So that is not an unexpected result, with the hot water you would smell it more prominently?"

"So I guess the frustration I am feeling is that we can't come to that specific term where everybody could have that assurance."