Chuck Schumer actually said...

A simple 30-day cooling off period without the full 45-day review that should have been done from the beginning is not adequate. If the president were to voluntarily institute the review and delay the contract, that would obviate the need for our legislation, but a simple cooling off period will not allay our concerns.

Context

Chuck Schumer expresses concerns about the adequacy of a proposed cooling off period regarding the management takeover of U.S. ports by Dubai Ports World.

02/22/2006

https://transcripts.cnn.com...

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