Political Quotes

Jack Reed: “The purpose of the RATE Act is to strengthen the Securities and Exchange Commission's (SEC) oversight of credit rating…”

On the recordAugust 4, 2009
The purpose of the RATE Act is to strengthen the Securities and Exchange Commission's (SEC) oversight of credit rating agencies and improve the accountability and accuracy of credit ratings.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Jack Reed outlines the goals of the RATE Act for better oversight of credit ratings.

Share

More from Jack Reed

Jul 21, 2026

This measure is a tribute to Senator Graham’s tenacious, bipartisan work in support of Ukraine.

ernst.senate.gov
Aug 29, 2026

When he unilaterally launched this war, Trump promised he would destroy Iran's nuclear program, eliminate its missile and drone arsenal, dismantle its defense industrial base, wipe out its proxy networks, and topple the regime in a matter…

cbsnews.com
Aug 29, 2026

The President has waged this war without public support or congressional consent, and it is far past time for accountability.

cbsnews.com
Aug 18, 2026

When President Trump cuts military exercises to flatter a dictator or punishes South Korea for declining to join a war he started, all of our allies – and adversaries – think that America’s commitments are negotiable.

theguardian.com

Other voices in this conversation