On the recordMarch 22, 2012
We failed to realize that what we did here in repeal of McCarran-Ferguson is the FTC. It is the FTC. It is the FTC and the Department of Justice. Right now, privately, yes, you're right. Without the repeal of McCarran-Ferguson, there is more coming from the private aspect, but that's because we have limited the Federal oversight in the FTC and the Department of Justice. This compromise is weighted very carefully to make sure that we get back to a balance, both Federal and State, and does not oversee the states' rights as well. I reserve the balance of my time.
