Reclaiming my time, I would say resources have now been added, and they're performing their duties, and the stock market has doubled so that the people in Colorado, the moms and pops of Middle America, finally see their pensions growing again. So much wealth was lost because of what happened on Wall Street, whether it was out-and-out fraud like in Madoff or just recklessness. We can't have that anymore. That almost brought this country to its knees, and this cut to the SEC is just very misplaced. We can't forget what happened 2 years ago.
Editor's note · Context
Speaker Perlmutter addresses the impact of Wall Street actions on the economy and criticizes cuts to the SEC.
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Could I inquire how much time each side has remaining? The SPEAKER pro tempore. The gentleman from Colorado has 10 minutes remaining and the gentlewoman from Minnesota has 13\1/2\ minutes remaining.
How much time do I have remaining? The SPEAKER pro tempore. The gentleman from Colorado has 3 minutes remaining.
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