On the recordJuly 26, 2022
Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I support H.R. 4586, sponsored by Mrs. Wagner, to help the Securities and Exchange Commission robustly oversee the credit rating agencies through more prudent annual examinations. Mrs. Wagner's proposal ensures that the SEC continues its annual examinations of all credit rating agencies but can now focus their examinations on the aspects of the rating agencies that pose the greatest risk to investors in our capital markets. Mr. Speaker, I urge my colleagues to support this bill, and I reserve the balance of my time.
