Political Quotes

On the recordSeptember 28, 2010
I come to the floor today simply to thank my friend, the Senator from Delaware, for his extraordinary work in the Senate and to make a comment on some of the things he has been working on. Since coming to this body, Senator Kaufman has proven to be a tireless advocate for his State of Delaware and the country, and his remarks he just provided are further evidence of that. Senator Kaufman joined us here and joined me on the Permanent Subcommittee on Investigations, where he and his staff dug deeply into the weeds of financial statements and e-mails in efforts that helped ferret out some of the astonishing findings of our hearings into the causes of the financial crisis. Senator Kaufman's dedication and thoughtful questioning during those hearings helped expose some of the root causes and crass conflicts of interest that led to the crisis that brought our economy to its knees. I also want to make particular note of Senator Kaufman's work on high frequency trading, flash trading, and other trading market issues, where those with powerful computers are able to exploit weaknesses in our regulatory systems to their own financial advantage, while hurting long-term investors and hurting the real economy. Senator Kaufman cares deeply about these issues, and he has voiced his concerns about them in this Chamber for over a year.
Said by
Mike Levin
Democratic · California
Source
govinfo.gov
Sep 28, 2010

Editor's note · Context

The speaker is praising Senator Kaufman for his work on financial regulation and advocacy for Delaware.

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