Political Quotes

On the recordApril 27, 2010
If I may respond very briefly, I appreciate the Senator's comments. I am sure the chairman would acknowledge the basis for some Republican concerns about the ability to offer, not an unlimited number of amendments for the purpose of filibustering the bill, but, rather, enough to try to solve what are perceived to be the problems of the bill. Part of the problem is a lack of trust. There are some on the Democratic side who have said they believe the intent of the Republican leadership, or Republicans, is to filibuster this bill so there would be no bill. It is hard to prove a negative, but I do not know how many times Leader McConnell and I or Ranking Member Shelby have said that is not our intention. Everybody acknowledges that there is work to be done in the regulatory regimes that govern the trade in these very esoteric instruments, the derivatives and others, and regulating financial institutions and dealing with the problem when some of them become financially troubled. Everybody acknowledges the need to do that. I firmly believe at the end of the day there will be legislation passed that deals with that. I do not think there is anything the minority could do, even if it wanted to, to stop legislation from ultimately passing. So to those colleagues on the other side who believe it is the Republicans' intent to stop the legislation, to have no legislation, all I can say is, yet one more time, that is not true.…
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Jon Kyl
Republican · Arizona

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