Paul S. Sarbanes

The Public Record

Paul S. Sarbanes is a former U.S. Senator from Maryland, serving from 1977 to 2007. A member of the Democratic Party, Sarbanes was known for his work on financial regulation and consumer protection. He played a significant role in the passage of the Sarbanes-Oxley Act in 2002, which aimed to enhance corporate governance and accountability in the wake of major financial scandals. Throughout his career, Sarbanes focused on issues such as education, healthcare, and the environment, advocating for policies that benefited Maryland residents and the broader American public.

Quotes by year · 1994–2024218 total · peak 2003 (127)

Nov 7, 2003

It's very clear that in the recent past, we experienced 4 percent unemployment without an inflation problem.

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Nov 7, 2003

23 percent. What was that percentage a year ago?

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Nov 7, 2003

9.5 percent. Has it been running above 10 percent this year, or is that generally where it's been?

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Nov 7, 2003

Do you have enough resources to do what you have to do?

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Nov 7, 2003

So the number has tripled over that period of time.

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Nov 7, 2003

What's the unemployment rate when you take in all categories into account?

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Nov 7, 2003

Thank you, Mr. Chairman.

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Nov 7, 2003

So we've gone from 1.7 to 2 million unemployed.

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Nov 7, 2003

I've been informed that the last time the figure of long-term unemployed was this high for such a continuous period...was 20 years ago, in 1983.

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Sep 9, 2003

Should we graduate them from the Federal Home Loan Bank System at some point?

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Sep 9, 2003

And why are we, in effect, running perhaps a significant public risk in order to do this?

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Sep 9, 2003

The housing GSE's should have a strong regulatory oversight structure that ensures both the safe and sound operation of the GSE's and the fulfillment of their housing missions.

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