I do want to point out we debated this issue a year ago. The conclusion was these are professionals dealing with professionals. The people who have the oversight over it do have oversight and are taking advantage of that oversight. We also passed Sarbanes-Oxley in the meantime. And if the Feinstein amendment were to be adopted, it would lead to some confusion over exactly who has jurisdiction. I know this is an extremely difficult issue. This is my third time debating it. I do know how to spell it now. But it is a very complicated issue, and it is not something we ought to be doing in a reaction that will result in overreaction. So I ask that we vote against this amendment. I yield the floor.
Mike Enzi: “I do want to point out we debated this issue a year ago. The conclusion was these are professionals dealing with…”
Editor's note · Context
Discussing the implications of the Feinstein amendment during Senate floor debate.
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