Political Quotes

Chuck Schumer: “However, new factors, including technology, globalization, and industry consolidation and evolution have left our…”

On the recordFebruary 3, 2009
However, new factors, including technology, globalization, and industry consolidation and evolution have left our regulatory infrastructure too far behind the reality of today's global financial system.
Said by
Chuck Schumer
Democratic · New York

Editor's note · Context

Schumer discusses the outdated regulatory infrastructure in light of modern financial realities.

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