Jeff Merkley actually said...

"So, you would use your position to say, let us do what Congress asked, and sometimes that means, if you will, that a rule is not going to go through 10,000 reiterations."

"I am going to turn to the issue of whether owners of companies have a right to know how that company is spending their money, the owners' money, on political activity."

"But, there is no rule for disclosure in this area and the SEC has refused to do it. Is it not a valid interest of an owner to know how political speech is being conducted with their money?"

"Is it, Ms. Fairfax, appropriate that the SEC has failed to address this fundamental conflict of interest and has failed to follow the law written by Congress?"