It seems to me that it is truly a remarkable circumstance when four members of a five-member Commission from both parties come forward with a letter to the President to state that they feel that the operation of the Commission on which…
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So then I will let others who want to speak on this do so, but if I understand you right, then you are not saying that the bill would allow half those currently registered companies to go dark.
I have for some time now been very concerned about the state of capital formation in the United States.
When unnecessary regulatory barriers to capital formation are removed, everyone wins.
We can do more to expand economic activity by removing unnecessary restrictions on capital formation.
This issue ranks right up at the top. The United States cannot be wrong on this.
This amendment is going to pass. And it is not going to pass by a close vote; it is going to pass by a very large vote.
We got a real problem in what I would call an enthusiasm gap or an urgency gap.
The goals and objectives of the executive branch are exactly the same as the goals and objectives of the legislative branch.
I would tell you that if the effort is to create the impression that failure to come forward with a proposed alternative statutory proposal is the only acceptable way to engage on that issue, I think that is wrong.
Well, thank you. And let me just raise another issue. It kind of relates to the unintended consequences issue, but right now we are seeing, in my opinion, in the Federal Government, at the Federal level across many different industries and…
I want to convey my thanks to you for being willing to work with us in a bipartisan fashion.
It is ultra vires. It raises serious separation-of-powers issues.
We really, really believe that the legislative branch is in charge of legislating and that you guys are in charge of executing what the legislative branch legislates.
This country has gotten to the point where the constitutional provision, which is a foundation of this country, that establishes 3 branches of government has just been totally ignored by the bureaucracy.
This is really, really simple. You come up here with a bill, and you say, This is what we want to do.