I share his concern about currency manipulation by China, and I think it is an issue that we do--it is our responsibility to take on.
Mark Warner
The Public Record
Mark Robert Warner is a United States Senator from Virginia, serving since January 3, 2009. A member of the Democratic Party, Warner previously held the office of Governor of Virginia from January 12, 2002, to January 14, 2006. During his tenure in the Senate, he has focused on various issues including technology, healthcare, and economic development. Warner is known for his bipartisan approach and has worked on legislation aimed at improving the economy and supporting small businesses.
I rise today, as this Chamber debates the nomination of Elena Kagan--someone I am looking forward to supporting when we vote--to raise another issue of ensuring justice in our country, an issue the Presiding Officer, I know, has been…
It is America versus the rest of the world, and we have got to have the same kind of tool box that other countries offer.
I wholly agree with you--and I think it is more than just in manufacturing; it is across our country--that education needs to be a primary focus for our workforce.
I hope if we are not able to get--we have that continued intransigence, that you will continue to look at other initiatives.
If you and your colleagues were going to enact an extension anyway, than it is not as incremental as...
Getting those resources back invested in our economy, would be a great value.
I appreciate the opportunity to join my colleague and friend, the chair of the Small Business Committee, the Senator from Louisiana, in support of this very important piece of legislation. Let me first of all say: In her inimitable style…
getting that trigger right so it doesn't become a self-fulfilling prophecy that that action means the firm is going down.
It is hard to have a conversation about international insolvency internationally without the term 'Lehman' recurring through the conversation.
I don't think we by any means have come close to dealing with the too big to fail issue.
Let me make one comment, and I want to get to one question for Commissioner Casey.
I would have real problems if there was going to be kind of an arbitrary taking of debt that would be converting it to equity if investors were not prewarned on that.
I had the belief, and I think Senator Corker did, as well, that we wanted to have a preferred process for bankruptcy and resolution being only as a remedy of last resort.
We live in an interconnected global economy, and as we have seen, that means interconnected global problems. Vulnerabilities and gaps in financial markets abroad can impact us here at home. The reverse is also true. Any reform or rules we…
making sure that the living wills and/or funeral plans are really closely examined, particularly as regards to the international implications, will be one of the ways that you would prevent, I would think, resolution having to be used.
I think the jury is going to be out based upon how well they are implemented both domestically and internationally.
I still have grave concerns about the investments around high-frequency trading, that it is not just all about liquidity.
The challenge as we kind of, and I am by no means an expert on domestic bankruptcy, let alone international bankruptcy, but the difference between how a bankruptcy fence goes in international countries is something that we clearly need.
I agree with Senator Corker that a lot of this bill was turning over to the regulators to try to figure things out.
I thank the chairman for those kind remarks. It is a good feeling for all of us who have labored on this legislation--Members and staff--that we are finally coming to a successful conclusion on the Dodd-Frank Wall Street Reform and…





