Political Quotes

“Mr. President, I appreciate Senator Toomey's comments and the spirit in which they were delivered. I rise to urge my colleagues to support President Biden's nominee to be Chairman of the Securities and Exchange Commission, Gary Gensler. In March, Mr. Gensler appeared before the Banking, Housing, and Urban Affairs Committee for his nomination hearing. The committee advanced him to the full Senate with a bipartisan vote. Mr. Gensler is an experienced public servant with a strong record of holding Wall Street accountable. He will lead the SEC at a time when it has become more and more obvious to more and more people that the stock market is detached from the reality of working families' lives. Mr. Gensler will bring the SEC's focus back to the people who make this country work. He will push to ensure that markets are a way for families to save and invest for their children's education, for a downpayment on a home, for a secure retirement, not a game for hedge fund managers, where workers lose every single time. Mr. Gensler, as Chair of the Commodity Futures Trading Commission, led the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act to bring transparency and stability to more markets. He was tough on enforcement issues. He cracked down on big banks that had manipulated interest rates for years. Mr. Gensler is an expert on finance and markets.…”