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Video archive of the US Congress

House Proceeding 12-10-09 on Dec 10th, 2009 :: 3:03:00 to 3:04:25
Total video length: 3 hours 30 minutes Stream Tools: Stream Overview | Edit Time

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Barney Frank

3:02:56 to 3:03:17( Edit History Discussion )

Barney Frank: thing on a bipartisan basis to grow our economy. let's not turn our backs on the many americans who want to have good, decent jobs in this counry now. thank you. i yield back the balance of my time. the chair: the gentleman yields. is recognized. mr. kanjorski: madam yield one minute to the chairman of the full committee, mr. frank.

Barney Frank

3:03:00 to 3:04:25( Edit History Discussion )
Speech By: Barney Frank

Barney Frank

3:03:18 to 3:03:42( Edit History Discussion )

Barney Frank: the chair: the gentleman from massachusetts is recognized for mr. frank: madam chair, the s.e.c. has recognized the potential problems for people under $75 million. they're not now subjected to this. should be immediately put under this but whether they should be given a permanent exemption without giving us a chance to have the s.e.c. continue its

Barney Frank

3:03:43 to 3:04:04( Edit History Discussion )

Barney Frank: development of a more appropriate -- of more appropriate roles. the notion that no such requirement shoulde applied is an absolutism here that seems to me a error. yes, the s.e.c. should treat companies at $75 million and below differently than people $1 billion above and etc. but they're in the process of doing this.

Barney Frank

3:04:05 to 3:04:26( Edit History Discussion )

Barney Frank: this is an exemption that is unnecessary at this time. if and when the s.e.c. decides that it's ready to cover them and members here think that they haven't done an adequate job of providing for it, a motion this might be in order and i understand the desire of people to help smaller businesses. but at this point it is a license for people who might want to be abusive by

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