Mike Capuano
The Public Record
Mike Capuano is a former U.S. Representative from Massachusetts, serving from 1999 to 2019. A member of the Democratic Party, he represented Massachusetts's 8th congressional district. During his tenure, Capuano was known for his advocacy on issues such as healthcare, education, and civil rights. He served on several committees, including the Transportation and Infrastructure Committee, where he focused on infrastructure development and public transportation improvements in his district.
I would be happy to join the gentleman to invite the Director of the CFTC back and we will ask him that question to see if he thinks, here publicly, on the record, that Dodd-Frank caused this problem.
I hope that this investigation will move forward in a bipartisan collaborative way.
I am as incensed as you are at the breathtaking lack of care shown by employees at MF Global in the handling of customer funds.
Material of the committee belongs to the committee. It does not belong to a Member.
I want to be clear that I am on the record to say that up until now this subcommittee, in my opinion, has worked very well.
I do think that it is fair for the billionaire who made the $3 billion to pay a fair amount of taxes on it.
I simply asked under the amendment that we just adopted, your previous amendment, do you think in any way that that undermines the current ability of the SEC to take action? I would think that it doesn't, but I'm just trying to build the…
If the gentleman agrees with that and the gentleman agrees that his amendment, his proposal, which I agree with that we just adopted, doesn't undermine that authority at all, would the gentleman agree with that?
Will the gentleman agree that the SEC is currently empowered to take these actions on their own without congressional approval?
I don't think that's the intent. I actually think this bill has an underlying good purpose, and I'd like to be able to support it. But I think that the bill goes too far, particularly in this provision. By going from 60 percent to 80…
As the richest country in the history of the world, we should not have undrinkable water in any corner of this country, and yet we do.
At the end of the day, I just don't see the logic of arbitrarily closing budget holes on the backs of the most vulnerable families in our community.
I believe it is a severe abuse of a confirmation process. The confirmation process should center on the qualifications of an individual, not on attempting to change the underlying bill.
The whole reason I supported the creation of this agency is that there were too many agencies doing their own little work in their own little silo.
But as you are getting started, remember that Congress wrote this law kind of going forward, too.
I have actually voted to cut some EPA funding in the past because I don't like some of the things they have done.





