I simply point out that I do not think at the end of the day that this is going to be an appropriations issue. It will be an issue that those fees will generate the amount of money necessary to run the SEC. That is what the legislation that passed in 1996 says. I have no reason to think that that will be any different and that the effect on the appropriations process will be minimal if any.
Discussing the funding of the SEC and its implications for appropriations.
Share
More from Hon. Michael G. Oxley
Well, I think the gentleman from Massachusetts makes a good point. I think once we start down this slippery slope it is really not in the best interests of this institution. And I think, talking to Members privately on both sides of the…
I am not going to claim opposition because we support the amendment. I would just say to the gentlewoman, we are pleased to accept her amendment.
I will take a second to correct the gentleman from Alabama. There is not one word in this resolution that calls for prosecution of anything other than leakers. Not the media.
Mr. Chairman, to close, and again in opposition, I think it is unfortunate and really not necessary to put Republican-Democrat in the statute. That is really what we are trying to do; that is what the gentleman from New York is trying to…
Other voices in this conversation
