Political Quotes

On the recordFebruary 11, 2011
Today I voted against H. Res. 72. I am slightly puzzled about why we used floor time for a resolution that directs committees to conduct oversight, which they already have the power to do and should be doing, but I appreciate this opportunity to highlight how we can change the narrative from good regulations vs. bad or unnecessary regulations to one of better results achieved faster and at less expense. Through my experience as an administrator responsible for compliance, and as a policy maker at the local, State and Federal levels, I have spent a great deal of attention on regulations. Commonsense regulations from food safety, to lead-free children's toys, to environmental protections keep us safe and have saved countless lives. They prevent us from prioritizing short-term gains by corporations over the long-term prosperity of this nation. Indeed it was the lack of regulation in the financial industry that led us into this current recession. I hope we can reframe the regulatory debate to satisfy both sides and better serve the public. I believe we can, and should, move towards the next generation of performance driven regulation. This can reward innovation and increase efficiency while at the same time holding people accountable and achieving better results.
Said by
Earl Blumenauer
Democratic · Oregon
Source
govinfo.gov
Feb 11, 2011

Editor's note · Context

Blumenauer discusses the importance of effective regulations and oversight in various sectors.

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