Robert Menendez actually said...

"The argument was a stakeholder argument, that there were shareholders, there were employees, there were communities, there were suppliers, there were customers, all of which had a legitimate position ..."

"There are many cases where what is best for corporate management may not necessarily be the best for shareholders."

"I urge my colleagues to support his confirmation."

"I think it is an appropriate use of rule making, which is purely disclosure-based, which is very important."