Political Quotes

Doug LaMalfa: “I believe that lowering the de minimis threshold for all energy swaps to $25 million would negate the explicit…”

On the recordJuly 22, 2013
I believe that lowering the de minimis threshold for all energy swaps to $25 million would negate the explicit Congressional directive to exclude end-users from the new regulatory requirements of the Dodd-Frank Act.
Said by
Doug LaMalfa
Republican · California

Editor's note · Context

LaMalfa argues that lowering the threshold contradicts Congressional intent regarding end-user exemptions.

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