John Bel Edwards: “If I can respond briefly to the comments of the distinguished Senator from Utah, first I say to Senator Hatch I am…”

“If I can respond briefly to the comments of the distinguished Senator from Utah, first I say to Senator Hatch I am absolutely willing, and the people of North Carolina are willing, to live with the law in North Carolina. What my amendment does is leave all existing law in place in this very narrow area. The problem is that, for example, I know under North Carolina law, if a fraudulent misrepresentation--if a crime--is committed, if somebody makes a fraudulent misrepresentation and as a result somebody is put out of business, they are entitled to recover their economic losses, because there is an exception for intentional fraud, there is an exception for a criminal act. The McCain bill has no such exception. It has no exceptions at all.”