Political Quotes

“I look forward to working with my colleagues on the opposite side of the aisle, but today I rise in support of H.R. 264, legislation that would reopen the Federal Government and put Wall Street's cop on the beat, the Securities and Exchange Commission, back to work. This President has all but closed the door of the SEC, furloughing 94 percent of the agency and essentially providing fraudsters and schemers with a free pass to swindle investors and small businesses. With such a skeleton crew of less than 300 staff, the SEC cannot possibly oversee the activities of over 26,000 registered entities, such as investment advisers, broker dealers, and stock exchanges. Worse, the SEC is unable to hold bad actors accountable through most enforcement actions, preventing harmed investors from obtaining relief. But the importance of the SEC goes beyond ensuring the rule of law. Businesses that are looking to enter the public stock markets may have to delay their initial public offerings because the SEC cannot approve their documents. Businesses seeking guidance from the SEC are left in legal limbo until the SEC can get back to work. The Trump shutdown is jeopardizing the integrity of our financial markets and the hard-earned savings of millions of Americans. So let's end this Trump shutdown and open the government so that the SEC and other agencies can get back to work on behalf of the public. Mr.…”