Political Quotes

On the recordMay 17, 2013
In its current form, I am. The SPEAKER pro tempore. The Clerk will report the motion to recommit. The Clerk read as follows: Ms. Waters moves to recommit the bill H.R. 1062 to the Committee on Financial Services with instructions to report the same back to the House forthwith with the following amendment: Add at the end of the bill the following: SEC. 4. PROTECTING THE PENSIONS OF WORKING AMERICANS AND PROHIBITING THE FRAUDULENT TAKEOVER OF AMERICAN COMPANIES. Nothing in this Act, or the amendments made by this Act, shall limit the authority of the Securities and Exchange Commission, in carrying out the Commission's authority to enforce securities laws and ensure investor protections-- (1) to protect the pension funds of firefighters, police officers, and teachers, or a pension fund of any retiree, against fraudulent and deceptive financial practices; or (2) to protect against the takeover of American businesses by non-U.S. persons, including government-owned corporations from China, that engage in reverse mergers with U.S. companies to gain quick access to U.S. markets, but defraud investors of billions of dollars. Mr. GARRETT (during the reading). Mr. Speaker, I ask that the reading be dispensed with. The SPEAKER pro tempore. Is there objection to the request of the gentleman from New Jersey? There was no objection. The SPEAKER pro tempore. Pursuant to the rule, the gentlewoman from California is recognized for 5 minutes in support of the motion. {time} 1310
Said by
Maxine Waters
Democratic · California
Source
govinfo.gov
May 17, 2013

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