Political Quotes

Cass Ballenger: “I ask for assurance that the conference outcome is consistent with existing law as set forth in Public Law 94-455…”

On the recordOctober 28, 1997
I ask for assurance that the conference outcome is consistent with existing law as set forth in Public Law 94-455, establishing that Congress wants to encourage ESOPs, not choke them to death with unreasonable rules and regulations.
Said by
Cass Ballenger
North Carolina

Editor's note · Context

Discussing employee stock ownership plans during a colloquy on a conference report.

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