Jack Reed actually said...

And my sense is the SEC and CFTC and other agencies are those critical agents that ensure private profits, but also ensure that when things go bad, it is not going to be the citizen or the taxpayer that picks up the losses, either--a vital, vital role.

Context

Reed highlights the SEC and CFTC's role in protecting taxpayers from financial losses.

03/09/2011

https://www.congress.gov...

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