On the recordJuly 24, 2012
Haven't you have been charged to regulate the derivatives market to protect the financial system from stupid, imprudent, wrong and costly mistakes?
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congress.govHaven't you have been charged to regulate the derivatives market to protect the financial system from stupid, imprudent, wrong and costly mistakes?
Questioning the CFTC's regulation of financial cooperatives and their exemption from certain derivatives activities.
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I continue to question how putting these ships into long-term layup status improves our national defense.
I refuse to accept this premise and will work to provide a fleet that has sufficient funds for maintenance and modernization and is sized to support our national commitments and ideals.
In the end, future defense reductions will be paid for in the lives of our service members.