Chris Dodd: “It has taken almost 20 years for us to come to the point where we are…”

On the recordOctober 8, 1998

It has taken almost 20 years for us to come to the point where we are with financial services modernization. And my colleague from Texas has been on that committee for a long time, the distinguished Senator from Maryland even longer and knows the agony we have gone through... We have a problem in Brazil of significant magnitude. It is no secret here that the world looks to us for a sense of confidence. And here we are within hours of leaving this session of Congress with a strong bipartisan bill, led by the Senator from Maryland, the Senator from New York, Senator D'Amato, the chairman of the committee, with a 16-2 vote coming out of that committee, and 88-11 on a cloture motion.

Said by

Chris Dodd

Democratic · Connecticut

Source

govinfo.gov

Editor's note · Context

Discussing the importance of financial services modernization during a Senate floor debate.

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Chris Dodd: “It has taken almost 20 years for us to come to the point where we are with financial services modernization. And my…”

Editor's note · Context