I mentioned earlier this afternoon my concern that the Securities and Exchange Commission is supposed to run out of money completely on Friday. I know the gentleman has a strong background in financial markets. I am wondering what is his point about the debt ceiling, defaulting on the debt while the Securities and Exchange Commission has to shut down. Would that be helpful to America's markets and the economy of not only America, but the world?
Zoe Lofgren: “I mentioned earlier this afternoon my concern that the Securities and Exchange Commission is supposed to run out of…”
Editor's note · Context
Discussing concerns about the impact of the debt ceiling on the Securities and Exchange Commission.
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