I guess I am way over time. We are going to have to go through this another day, Mr. Roth.
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.
The one on stock options being the most unbelievably byzantine complex thing I have ever seen in my life.
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.
It is MF Global Inc.'s issue, not mine. I don't have anything to do with it.
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.
If that is the case, I think we have more than a little bit of a problem here.
Yes, I guess at some point, somebody is going to have to explain to me how using my money protects my money.
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…
This amendment is actually just to piggyback on the previous one that we just adopted by voice vote. It's just a little bit more specific. And honestly, had I known the gentleman was going to offer the other amendment, I might have worked…
As the gentleman said in his debate on his bill, even that was unnecessary because the SEC has the authority to do this now. That was unnecessary, and I agree this in theory is unnecessary. The only difference is that this tells the SEC…
I don't disagree with anything that the gentleman just said. I happen to agree that Congress should exercise its responsibility every time, but I also understand and I also agree that we have empowered various agencies across the…
Will the gentleman agree that the SEC is currently empowered to take these actions on their own without congressional approval?
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?
I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 37, after line 22, insert the following (and amend the table of contents accordingly): SEC. 504…
I want to thank the gentlewoman for yielding. I don't know if I am going to use the whole thing, but this must be Bizarro Congress because I'm about to agree with the Chamber of Commerce. I've been listening to my colleagues on the other…
I thank the gentleman for yielding. I believe the gentleman from Connecticut has made the salient points, but I do want to point out that this ``radical'' amendment, under current law, and current regulation, approximately 60 percent of…
I thank the gentleman for yielding. This argument makes no sense to me. If we are interested in creating jobs, how does it hurt jobs by simply allowing the people who actually own the company, the shareholders, the ability to have a…





