The future is too important for us to play partisan politics here and for us to talk about how much we have to save and not spend.
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 certainly agree with those. It seems like we ought to move off center and get to going.
If we are committed to our shared goal of spending taxpayer dollars wisely and efficiently, I am concerned that significantly cutting funding levels for NextGen will move implementation dates back even further.
However, because many of the NextGen programs are dependent on one or more systems, delays in one program mean delays in other programs.
And I commend the FAA under the leadership of Randy Babbitt and others for making progress in several key areas of NextGen.
Going forward, I believe that it is important for us to have an open dialogue with labor and industry stakeholders as well as the FAA and other Federal agencies.
I want to be clear that simply providing more funding is not the entire solution to successful NextGen implementation.
I appreciate your opinion, but I would respectfully disagree, based on--and there is no perfect process...
It strikes me that the process of ethical review within the SEC at the time was the shortcoming.
From my perspective, I don't really concern myself too much with your specific details, if you want the truth.
I would strongly suggest, Mr. Kotz, that you do a follow-up, even if you don't think it is necessary.
I actually commend you, Madam Chairwoman, for accepting the fact that you made mistakes.
The victims of the Madoff scheme deserve to know that the SEC's decision in this case was not tainted by conflicts of interest.
Everybody make mistakes. Even I have made an occasional mistake or have interpreted something wrong.
I would just like to welcome the people who are going to give testimony today, the members of the panel.
Frankly, I and some others are critical of some of the money we are spending currently--for instance, in Afghanistan.
I have profound concerns though about crowdfunding and, in particular, the general solicitation exemption therein.
I am open to the possibility that Sarbanes-Oxley is not perfect, and that the securities laws that were initially established in 1933 and 1934 could evolve and adapt to be more germane to today's markets.
This week I missed several rollcall votes and I wish to state for the Record how I would have voted had I been present: rollcall No. 699--yes; rollcall No. 700--yes; rollcall No. 701--yes; rollcall No. 702--yes; rollcall No. 703--no…
I believe is essential. Why? To ensure that we do not unduly overburden registered companies or negatively impact job creation here in this country.
I also wish to thank Chairman Bachus for allowing this committee today to consider the SEC Regulatory Accountability Act as part of today's proceeding.
I have serious reservations about the creation of this new bureaucracy, and I am most concerned with the potential for new cyber threats surrounding the information the Office of Financial Research would be compiling.
As I understand it, the amendment is perfectly fine, and we hope that it will be adopted. The Acting CHAIR (Mr. Hastings of Washington). The question is on the amendment offered by the gentleman from Texas (Mr. Brady). The amendment was…





