Let me just in my last remaining moments say that another area of great concern has been the whole question around insurance designations--obviously AIG, one of the firms that caused the crisis in 2008.
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 think if the record was ever written about how this provision came about, let me just assure you that there was robust discussion about whether nonbanks should be SIFI designated.
I actually do believe on the resolution plans that we have made progress and that we are seeing plans with greater rigor.
I think what I would love to just hear is some assurance that we are going to see those final regs by the end of the year.
there's not clarity and a single point of contact is--speaks volumes about the need to at least take forward the legislation that this Committee passed in a bipartisan way.
I rise to speak in support of an amendment I have filed to the Every Child Achieves Act that will be brought up, I believe, later today. In the spirit of my friend the Senator from Texas I am glad he has joined me on this amendment. I know…
If you want to run for President, you have a lot of folks on your side, so jump on in.
We need to have, at the Federal level, an infrastructure financing authority.
I come to the floor today to speak about the changing nature of our economy. I come to talk about a part of our economy that I don't think most folks in this Chamber understand. It goes by many names. It is called the sharing economy, the…
I ask unanimous consent to speak for up to 15 minutes as in morning business. The PRESIDING OFFICER. Without objection, it is so ordered. The Economy
I do believe that we are going to have a hard time saying to our domestic companies that we have just given multinationals whatever blended rate, and they are still paying 35 percent.
I do find--and Senator Menendez has already raised this. You know, we might have never built an Interstate Highway System because there was massive wealth transfer from certain States to less populous States over 40 years.
The fact that we have in our government right now an office in the United States Treasury that advises American pension funds on how to invest in European and foreign infrastructure, because there is no ability for American pension funds…
there was never any intention of creating a 'Hotel California,' ... where you were able to check out any time you like but never leave.
I join my Virginia colleague Senator Tim Kaine in expressing concern over the chairman's measure to cut $1.7 billion in funding from specific operations and maintenance accounts in an effort to streamline defense headquarters functions…
I appreciate this. I look forward to working with you and everybody else, and I will be willing to take on the entitlement issue.
this framework must include tax reforms to raise more revenue, encourage growth, and enhance progressivity.
I think most States that have 2-year budgets have worked that process successfully.
And let me also thank you and Ranking Member Wyden for allowing me and my good friend, Senator Isakson, to take on this challenge.
I guess one thing I would also like to ask comments from the whole panel is I think one of the things that we have seen progress is that there is a growing recognition from the Fed and others that the insurance business is different than…
While Senator Warren and I differ on the trade approach, I concur she raises an interesting question that I have not fully thought through and think we need to get some answers on.
I think we had pretty broad agreement from both sides of the aisle that there needed to be this clearer path to de-designation.





