Political Quotes

On the recordJanuary 23, 2002
I anticipate the arrival of my colleague from New Jersey, Senator Corzine, at any moment because we would like to at least put our colleagues on notice today of our intention to introduce legislation to strengthen the independence and objectively of corporate audits in this country. I have the fortunate job of being the chairman of the Securities Subcommittee of the Banking Committee of the Senate. I have held that position for a number of years, both as chairman and as the ranking Democrat during Republican majorities in this Chamber, and have worked very closely with a number of my colleagues on a variety of issues affecting the securities industry, the confidence in our markets. Obviously, the events we have heard about over the last number of days involving the Enron Corporation and Arthur Andersen's accounting firm and other questions have raised some issues that Senator Corzine and I think need addressing.
Said by
Chris Dodd
Democratic · Connecticut

Editor's note · Context

Announcing plans to introduce legislation on corporate audit independence in response to the Enron scandal.

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