Dan Crenshaw: “This is the law today that he is trying to remove. The SEC doesn't need to be engaged in politically charged, unmandated…”

“This is the law today that he is trying to remove. The SEC doesn't need to be engaged in politically charged, unmandated rulemakings. The language included in this bill just keeps the SEC on track. It prevents them from developing or proposing or issuing a rule that would require disclosure of political contributions in the SEC filings. Let's call the amendment what it is. It is an end-run around the Supreme Court's Citizens United decision. The SEC has got bigger priorities to focus on, and thank goodness they have been focusing on those. They have been going after people that profit from insider trading. They are trying to stop the fraud that goes on. And the bill continues to support the SEC doing its job; protecting investors, encouraging capital formation. I urge a ``no'' vote on this amendment. I reserve the balance of my time.”