Kent Conrad
The Public Record
Kent Conrad is a former United States Senator from North Dakota, serving from 1993 to 2013. A member of the Democratic Party, he was known for his work on fiscal policy and budget issues, particularly as the Chairman of the Senate Budget Committee. Throughout his tenure, Conrad advocated for responsible budgeting and was involved in discussions surrounding Social Security and healthcare reform. He played a significant role in shaping policies that impacted both North Dakota and the nation as a whole.
Had we not done what we did, I believe there would have been a global financial collapse.
I think you will find a lot of allies on both sides of the aisle on this committee with respect to CFTC jurisdiction.
It would be unthinkable that we were to permit that same circumstance to occur again.
My God, this is the guy that is in charge of derivatives trading worldwide for a major company and he doesn't understand the formulas.
Taxpayers were the ultimate funder of the liability. That, we cannot permit to happen again.





