Mike Enzi actually said...

we must undertake reforms that strengthen the PBGC and our retirement system and stay away from the so-called reforms that might politicize ...

Clearly, the PBGC is facing some rough waters and will continue to face them in the future.

In order to strengthen the defined benefit system, we need a PBGC that can respond and work with the business community.

I'm open to legislation to improve the PBGC corporate governance--governance similar to the reforms Congress sought in the private companies...