If I can just sneak in one comment. We were just in a classified briefing and a nonclassified non-answer was, I asked the Administration whether they would follow the law, and under those circumstances, punish those banks, and the answer was a deafening non-answer.
Sherman questions the Administration's commitment to enforce sanctions against banks dealing with Iran.
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Perhaps the worst slogan I have heard in politics is, 'defund the police.' The SEC is the police department of our $100-trillion capital markets.
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