Chuck Schumer actually said...
If we have got good regulation, and good is not synonymous with a lot of regulation necessarily, but if we have intelligent regulation and the rest of the world doesn't follow us, well, that is too bad, because I think in the end, it will be recognized that we have the best and the business will come here.
Context
Schumer argues that effective regulation will attract business despite global competition.
02/03/2009