T. Gorton: “I am offering a sense of the Senate amendment to the fair credit…”

On the recordMay 3, 1994

I am offering a sense of the Senate amendment to the fair credit reporting bill regarding the Securities and Exchange Commission's decision to close the Seattle office. Earlier this year, the SEC announced that the Commission's Seattle district office would close in July. The plan is to close the Seattle office and incorporate its functions into the San Francisco and Los Angeles offices. As soon as I heard about this, and knowing how hard the Seattle SEC office has worked to forge a solid working relationship with Northwest firms, I immediately contacted the Commerce Appropriations Subcommittee. Since then, I have received numerous letters of concern. These letters have ranged from the attorney general, county executives, bankers, lawyers, small businesses, and other citizens who are concerned about the impact this move would have on the Pacific Northwest. I agree. This decision is very unwise and extremely shortsighted.

Said by

T. Gorton

Republican · Washington

Source

govinfo.gov

Editor's note · Context

Addressing the closure of the SEC's Seattle office and its impact on the Pacific Northwest.

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T. Gorton: “I am offering a sense of the Senate amendment to the fair credit reporting bill regarding the Securities and Exchange…”

Editor's note · Context