Why did the SEC never initiate bankruptcy proceedings in an effort to try to give all opportunities to the bankruptcy judge for asset availability for the victims?
Kay Hutchison
The Public Record
Kay Bailey Hutchison is a former U.S. Senator from Texas, serving from 1993 to 2013. A member of the Republican Party, she was the first woman to represent Texas in the Senate. During her tenure, Hutchison was known for her work on issues such as space exploration, military funding, and education. She played a significant role in advocating for NASA and was a strong supporter of human spaceflight initiatives. Hutchison also served as the chair of the Senate Republican Conference and was involved in various bipartisan efforts throughout her career.
Many of the victims of this Ponzi scheme and the misappropriation of people's funds have come to our office.
It is stunning, the times that the SEC had notice both from the Texas Securities Board and from internal reports.
For the sake of the air traveling public, this is a time for reason and compromise, not objection.
I ask unanimous consent for an additional 5 minutes. The ACTING PRESIDENT pro tempore. Is there objection? Hearing no objection, it is so ordered.
I thank the Senator from Maryland. Now we are seeing an expensive and duplicative strategy--well, there is not a strategy but request for spending. I am asking for a strategy. The Government Accountability Office did issue a report this…
Mr. President, I rise to speak in morning business about the military construction issue I spoke about in July. I raised concerns then about the Pentagon's overseas military construction program, particularly in Germany, Korea, and Guam…
I thank you for allowing me to have the extra 5 minutes. I thank the Senator from Maryland. This is a serious issue. The Department of Defense says they are trying to cut back on military spending, and this is a place that would be very…
We agreed to move forward in an effort to find a reasonable solution, knowing passage of the underlying FAA reauthorization was extremely important.
I cannot fathom the level of objection to a compromise provision that in essence only adds five 'new' flights.
I think that the captive shippers have paid a very high price, with the lack of competition on those lines.





