Political Quotes

“I appreciate the gentleman yielding time and his leadership on this. Madam Speaker, every day capital markets are under attack here with this Securities and Exchange Commission. The climate disclosure rule, which was released in March of this year totals over 500 pages--over 500 pages--and includes over 1,000 technical footnotes. And oh, by the way, the SEC initially gave everybody 30 days to comment on that--30 days. Now, you can't even get through the analysis of the original 500 pages much less the 1,000 technical footnotes on that within those 30 days. But in reality the SEC doesn't really know what this far-reaching rule will cost small, independent, and nonpublic businesses across our country. In fact, very deep in the summary of the rule the SEC admits: In many cases, we are unable to reliably quantify the potential benefits and costs of the rule and, therefore, we encourage commenters to provide us with relevant data or empirical evidence that would allow us to do so. Let that sink in: We have no idea what the impact is, so why don't you just give us some data to help us work through this? Now, I remind you, this is not a study, and this is not research. This is a finalized proposed rule that the SEC is trying to jam through in 30 days. Oh, but they expanded that now, so thank you very much. Now, there are three basic rules on real estate. What is the most important part about real estate? Location, location, location.…”