Political Quotes

Donald Riegle: “I introduced it not only because of the request from the FDIC, but I support the substance of the request. I support the…”

On the recordApril 26, 1994
I introduced it not only because of the request from the FDIC, but I support the substance of the request. I support the extension myself. So I agree with the Senator from Ohio on the substance of the issue. Let me tell you one problem we have with it, however. As I am sure the Senator knows, this issue legislatively is not within our jurisdiction with respect to what will have to happen on the House side. The Judiciary Committee in the House will have to be involved in this issue. So it is outside the scope of our counterpart Banking Committee on the other body. One of the concerns that I have is that anything that we attach to this bill--which is a banking bill and a vote in the Banking Committee--in turn has to be set off by a second and different committee in the House, which always poses problems for us, as the Senator from Ohio knows.
Said by
Donald Riegle
Democratic · Michigan
Source
govinfo.gov

Editor's note · Context

Discussing the introduction of legislation at the request of the FDIC during Senate floor debate.

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