The alternative was losing, in my view, the entire section on executive excessive compensation. Given the choice -- this is not an uncommon occurrence here -- I agreed to a modification in the legislation, reluctantly.
Dodd explains his reasoning for modifying the legislation regarding executive bonuses.
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In fact, it was the uncertainty inherent in a nontransparent and reckless financial system that made Dodd-Frank necessary in the first place.
I had hoped we'd get in the lame duck session to the ratification of the Colombian Free Trade Agreement and the Panamanian Free Trade Agreement.
I'll tell you, one of the things I feel very good about is that there are people like Bob Menendez, who care about these issues.
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