I wish the length of receivership was not 5 years but that it was a much shorter period to wind these companies down more quickly. I wish we had judicial review so if a company is placed into this type of resolution, they actually have the opportunity to have that reviewed in a much better way. I also wish there was judicial review of the valuation process. There are a number of provisions I wish were better, but I will say that I think the work Senator Dodd and Senator Shelby have done to date is good. I plan to support this.
Bob Corker: “I wish the length of receivership was not 5 years but that it was a much shorter period to wind these companies down…”
Editor's note · Context
Senator Corker discusses his views on a financial reform bill and expresses areas for improvement.
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I yield back. The PRESIDING OFFICER (Mr. Cassidy). The joint resolution having been read the third time, the question is, Shall it pass?
we were going to have 10-minute votes. We have had two votes in 54 minutes. Can we not just vote? OK. All right. I think we have two rollcall votes left. A number of Senators are doing voice votes, and then we will have the journalist…
I ask unanimous consent that the Senate proceed to the immediate consideration of S.J. Res. 69. The PRESIDING OFFICER. The clerk will report the joint resolution by title. The legislative clerk read as follows: A joint resolution (S.J…
I can understand from the people's perspective that are doing this why they would want to go forward. And I understand that.





