Barney Frank: “I strongly support a very good recommit motion, but I want to clarify one point. Reference was made in the debate to…”

“I strongly support a very good recommit motion, but I want to clarify one point. Reference was made in the debate to this bill being one that would relieve small businesses of regulations imposed by this administration recently. Let me be very clear. With the exception of Say-on-Pay, which I strongly support, the administrative and regulatory issues addressed here were not imposed by this administration, were not a result of the bill. These are longstanding things that predate this administration. So I'm for the bill, but I wanted to clear up that misconception. This is not any reaction to anything that was done recently; it's making accommodation for these small businesses with regard to things that are of long standing.”