Political Quotes

Maria Cantwell: I know he has been diligent, being at the committee hearings during the time period in which the West tried to convince…

On the recordJuly 30, 2003
I know he has been diligent, being at the committee hearings during the time period in which the West tried to convince the Federal Energy Regulatory Commission--the policeman on the watch, if you will, when this mugging of ratepayers was happening--we tried to convince the Federal Energy Regulatory Commission that prices were too high, that we were getting gouged. The manipulation has been admitted to in the memos by the company in those various schemes you have talked about, and we have charts showing the names, of Death Star and Fat Boy and various other schemes. We have had the Federal Energy Regulatory Commission own up: Yes, this is market manipulation. I have a report here, that is almost too heavy to handle, that basically documents all the manipulation that has happened. We have a Department of Justice investigating and saying yes, manipulation has happened. Yet this electricity title is very scant on putting those things in place.
Said by
Maria Cantwell
Democratic · Washington

Editor's note · Context

Discussing market manipulation in the energy sector and the Federal Energy Regulatory Commission's response.

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