Political Quotes

Barney Frank: I agree on the principle that a fiduciary's vote should have to be made public, but I wouldn't want to limit it only to…

On the recordApril 18, 2007
I agree on the principle that a fiduciary's vote should have to be made public, but I wouldn't want to limit it only to pension funds. I also don't think it should be limited only to this subject matter, although I agree, given germaneness, the gentleman couldn't have broadened it beyond that subject in this bill. But it could be broadened beyond pension funds. I believe we should have a hearing on the principle where the gentleman is correct, and I agree with him, that fiduciaries should have to be made public, but that is all fiduciaries on all issues.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Discussing the need for transparency in fiduciary voting during a legislative debate.

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