On the recordOctober 24, 2001
I think we have to simplify this so that we have a better feel for what the ramifications or consequences are...
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Paul S. Sarbanes
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congress.govI think we have to simplify this so that we have a better feel for what the ramifications or consequences are...
Chairman Sarbanes emphasizes the need for clarity in understanding the proposal's consequences.
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More from Paul S. Sarbanes
Yes. They have built up these currency reserves, very strong positions. And we owe it. We owe it.
This was a decision by the Bank of Japan, the Government, not by private Japanese investors about the strength of the American economy.