James Renacci
The Public Record
Financial activities are widespread. You can almost go into any company and say they have financial activities.
I understand the process. I am talking about the $94 million, where did it come from? It is a document.
Look, I have been a business guy for 28 years, I understand what you are saying, but really, if you are going to ask for $29 million, that is not a drop in the bucket.
We need to know what it is, and that is what this oversight panel is all about.
The question is really simple, what are you going to do with the $94 million of, as you call it, unobligated balances?
The taxpayers in this country want to hear those answers. They don't want to hear all the policy and issues you are talking about.
I think when it comes to spending money, when it is not your money it is a little easier.
After listening to all your testimony, it continues to reinforce some of the concerns that I have over regulations.
That is really what we see with the Volcker Rule. What the agencies are doing is trying to find proprietary trading in every nook and cranny.





