Political Quotes

On the recordJuly 13, 2009
Let me conclude by saying if the SEC has no one who could understand the Bernie Madoff trading strategy, how are they possibly going to be able to understand a private corporation and its counterparty's decision to mitigate business risk?
Said by
Pat McHenry
Republican · North Carolina

Editor's note · Context

McHenry questions the SEC's capability to understand complex financial strategies.

Share

More from Pat McHenry

Nov 28, 2023

The ongoing barrage of press releases from the CFPB is misleading at best.

congress.gov
Jun 12, 2026

I think the viable question for the American people is whether or not you have a progressive prosecutor using the justice system to go after political enemies for a political splash.

cbsnews.com
Nov 28, 2023

That is why House Republicans will pass a resolution this week to protect small businesses' access to affordable credit by rescinding this burdensome and overly-complex rule.

congress.gov
Feb 13, 2024

The NFIB survey found that 90 percent of small businesses don't even know that this rule exists.

congress.gov

Other voices in this conversation