On the recordJanuary 3, 2001
Let me say on behalf of many members of the Committee on Commerce we, of course, are extremely disappointed in this transfer. While we would, of course, like to retain that jurisdiction, we would like to retain it for a simple reason and that is because the Committee on Commerce has done, as the ranking minority member has stated, an extraordinary job in representing good policy for the stock market and the security industries in general, as well as for the insurance industry of this country, and the record will demonstrate, I think, that the extraordinary care and concern the Committee on Commerce has given to these issues has created an extraordinarily stable environment for financial trading and for insurance. While we regret this transfer, we appreciate the cooperation of the chairman of the Committee on Rules in the memorandum and in further clarifications of jurisdictional shifts.
Source
govinfo.gov
