I am troubled by reports that an environment of lax oversight and enforcement at the SEC was a contributing factor to the current financial crisis.
Dick Durbin
The Public Record
Richard Durbin, commonly known as Dick Durbin, is an American politician serving as the senior United States senator from Illinois since 2005. A member of the Democratic Party, he has held various leadership roles, including Senate Majority Whip. Durbin has been a prominent advocate for issues such as healthcare reform, immigration policy, and gun control. He has also played a significant role in negotiations on budget and appropriations matters in the Senate.
When Chairman Schapiro was here, I noted that the fees collected by her agency within the marketplace generated about 40 percent more than the annual appropriation for her agency.
We are going to allow you to leave, of course, and go about your business of saving the American economy, or lunch.
I think it strengthens the case that our witness has made today on behalf of the judiciary and strengthens the case that Senator Bennett has made as well.
I have repeatedly asked the credit card industry and the banks to demonstrate that the rates that they've established are legitimate to process the card transactions and unfortunately they have not been able to provide any data or…
I'd like to say that the IRS Oversight Board has submitted for inclusion in the record and preliminary recommendations on the fiscal year 2010 IRS budget proposal.
And part of the problem, I believe, is that any further authorization from the House side for this project has pretty much been blocked.
I heard Senator Durbin mention--I was going to say more than $80 billion--you actually said $85 billion.
I would just say that I have asked this question of your predecessor; in perhaps a little different form, and still remain skeptical that the voluntary approach to mortgage renegotiation is going to save us from this crisis that we are…
If we can't sell the notion of a usury cap, shouldn't we prevail upon institutions?
I personally think that it's incredibly unfortunate that people's financials are in a state, many times often not their own doing, that they need to take a high-interest loan.
I think it can be a major part of attracting really talented college graduates who otherwise would be lured to something that may pay a little more just to defray their costs.
The CFTC and the SEC both occupy pivotal positions at the forefront of stimulating and sustaining economic growth and prosperity in our country.
I understand, Administrator Mills, that on July 1, SBA will begin guaranteeing loans to dealerships to finance inventories of cars, trucks, RVs, boats, and even manufactured homes.
The key to technology projects, the way get them done, is you have leaders--not just technology leaders, but the people who run agencies--focus on them and drive toward those results.
I recently was invited to tour what was formerly known as Sears Tower in Chicago.
Two weeks ago, I got the best e-mail that I could possibly imagine. It was from the IRS!
This program is for small businesses. It is not for big businesses masquerading as small businesses.
We are enduring an extraordinary set of circumstances in America today. We are beginning to slowly emerge from one of the greatest economic crises since the Great Depression.





