I was greatly disappointed that a harmful provision was included in the Dodd-Frank Wall Street Reform and Consumer Protection Act Conference Report that will exempt equity index annuities from securities laws.
Akaka expresses disappointment over a harmful provision in the Dodd-Frank Act.
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Last Congress, bipartisan legislation was introduced by Senator Daniel Akaka (S. 998) and Representative George Miller (H.R. 1867) to address this problem and assure that all pilots are provided fair benefits.
Thank you, Chairman Brown. Thank you very much for holding this hearing today and for all of your work on consumer protection issues.
I want to say aloha and thank you so much for being here today for the Committee's oversight hearing on Reclaiming Our Image and Identity for the Next Seven Generations.
Financial literacy and consumer protection issues are very close to my heart.
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