Political Quotes

On the recordSeptember 26, 2023
If we have a shutdown of the government, I think it has already been pointed out by the ranking member that we will stop all IPOs in their tracks.
Said by
Brad Sherman
Democratic · California

Editor's note · Context

Sherman warns that a government shutdown would halt IPOs.

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Every time a bank is incentivized to buy that long-term debt on a securities market, that is money they can't lend to a local pizzeria.

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