Political Quotes

Chuck Schumer: “We have seen in debates over funding for the SEC and CFTC some Members of Congress use the power of the purse, not just…”

On the recordJuly 18, 2011
We have seen in debates over funding for the SEC and CFTC some Members of Congress use the power of the purse, not just to hold agencies accountable--that is a good thing--but to undermine their mission and achieve deregulation through the back door.
Said by
Chuck Schumer
Democratic · New York

Editor's note · Context

Schumer warns against using funding to undermine regulatory agencies.

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