Political Quotes

Brad Sherman: “I want to commend you for stepping forward--and say yes, FASB gets their authority from the SEC, and you take…”

On the recordNovember 17, 2015
I want to commend you for stepping forward--and say yes, FASB gets their authority from the SEC, and you take responsibility for their decision to delegate that authority.
Said by
Brad Sherman
Democratic · California

Editor's note · Context

Sherman praises SEC for taking responsibility over FASB's authority delegation.

Share

More from Brad Sherman

Jul 23, 2026

I predict someone will introduce a resolution of disapproval and I invite members of this committee who have worked with us to prevent nuclear weapons in the Middle East, from non-democratic countries, to join in that effort.

theguardian.com
Apr 16, 2024

I would point out that many of us on this committee urged that we arm Ukraine before February 2022.

congress.gov
Feb 17, 2025

As a private citizen who has been the subject of SEC enforcement—and as someone with an outspoken personal vendetta against the agency and its mission—Mr. Musk's involvement in any decisions regarding the future of the agency is highly…

newsweek.com
Apr 30, 2024

The four agencies dealing with bank mergers... should provide updated guidelines and regulations for approving bank mergers.

congress.gov

Other voices in this conversation