Political Quotes

On the recordJuly 13, 2009
But I am curious, should we not now take the opportunity to reform some of the structure of government, particularly by merging the CFTC and the SEC?
Said by
Paul E. Kanjorski
Pennsylvania

Editor's note · Context

Kanjorski advocates for merging regulatory agencies for better efficiency post-crisis.

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I would argue no. But they also should not have been thrust into the center of the bond markets...

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The ongoing financial crisis has made it apparent to nearly everyone that we must move the over-the-counter derivatives market from one that takes place under the table to one that happens out in the open.

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What obligation does the Federal Government have to do anything?

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