Political Quotes

Brad Sherman: I want to comment on one success story. Several years ago, there were $16 trillion of London Inter-Bank Offered Rate…

On the recordJune 20, 2023
I want to comment on one success story. Several years ago, there were $16 trillion of London Inter-Bank Offered Rate (LIBOR) instruments...
Said by
Brad Sherman
Democratic · California

Editor's note · Context

Sherman highlights Congress's proactive measures regarding LIBOR before its issues arose.

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The fact is that we do need guidance to be published from the SEC.

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