I do not think when we created the notion of SIFI that there was the 'Hotel California' concern that once you check in you can never check out.
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.
The financial crisis of 2008 was global in nature and taught us that systemic risk does not respect geographic borders.
It is the principal reason why I held a hearing in this Committee in May 2013 assessing progress on cross-border resolution.
Now, given the size of our Nation's backlog on transit maintenance, which stands, as you said, at over $86 billion, growing at about $2.5 billion annually, it is unrealistic to think that we are going to solve this problem overnight, but…
It is time to get moving, to prioritize Federal funding to get our transit systems to a state of good repair.
Will there be Federal minimum standards for emergency radio interoperability standards?
I am pleased to recognize that today, April 16, 2015, is National Healthcare Decisions Day. National Healthcare Decisions Day exists to inspire, educate and empower the public and providers about the importance of advance care planning…
I do fear at times that the analogies back to NAFTA--thank goodness we are in a different world at this point.
I would like to speak to these amendments for a couple of moments. The first amendment, No. 991, targets improper payments and fraud in our largest entitlement programs. It is remarkable--every elected official I have ever met at any level…
I ask unanimous consent to set aside the pending amendment to call up three Warner amendments en bloc: amendments Nos. 991, 636, and 638. The PRESIDING OFFICER. Is there objection? Without objection, it is so ordered. The amendments are…
was my amendment No. 991 reported in that bloc as well? The PRESIDING OFFICER. The Senator is correct. The amendments are as follows: Amendment No. 991 (Purpose: To restore program integrity funding to combat waste, fraud, and abuse) (The…
I do feel what Senator Heller has mentioned, Senator Menendez has mentioned, Senator Warren has mentioned.
There are firms that I think are affirmatively saying they are going--would like to go through that process, and hopefully we will see an example of it.
I think what we, at least this Senator will be watching, because I do think there are firms who have indicated that they would like to find a way out.
My hope was going to be that FSOC was going to not only be something that added additional regulatory structure but in many cases would be that court of last appeal for regulations when you have conflicts between regulatory agencies.
the notion of employee participation in companies, I think, is both good policy and good for our overall economy.
I, obviously, strongly support the legislation that you have discussed, and we have got about 5.7 million small private companies in the United States.
derivatives can be an important risk mitigation tool. But, if unregulated, derivatives can also, as Warren Buffett famously said, become financial weapons of mass destruction.
I would love to see if we can find some bipartisan collaboration, and I would, again, welcome all of us to--it would be nice to work on some things where we can actually get to yes.
I think it is important to note that although this legislation is about mitigating commercial risk, it permits a financial entity, not just a commercial entity, a financial entity, which is what a so-called central treasury unit is, to…





