At a time when both the Congress and the Administration are contemplating declining discretionary resources, fully handing the SEC through appropriations, as proposed in H.R. 2972, would create a situation where the SEC is competing for funding with other worthy programs.
Statement of Administration Policy: H.R. 2972 - Securities and Exchange Commission Authorization Act
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The American people don't pay you to have personal feelings. They pay you to deliver for them.
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