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House Proceeding on Dec 11th, 2009 :: 0:25:00 to 0:26:30
Total video length: 1 hours 47 minutes Stream Tools: Stream Overview | Edit Time

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Barney Frank

0:24:57 to 0:25:17( Edit History Discussion )

Barney Frank: the chair: the gentleman's time has expired. mr. bachus someone else. e chair: the gentleman's time has expired. the gent recognized. mr. cohen: thank you, madam speaker. i want to thank the gentleman for his working with us on the amendment. i'd like to yield as m as he needs to the chairman of the full committee, mr. frank. the chair: the gentleman from massachusetts is recognized. mr. frank: i thank both my colleagues.

Barney Frank

0:25:00 to 0:26:30( Edit History Discussion )
Speech By: Barney Frank

Barney Frank

0:25:18 to 0:25:39( Edit History Discussion )

Barney Frank: the ranking member is exactly right in the concerns he's expressed. that why at chairman of the subcommittee, mr. kanjorski, and i tentative ty agreed to this. we later heard some questions raised in particular, some i think whom we have an amount of respect, the long time texas securities administrator, who

Barney Frank

0:25:40 to 0:26:00( Edit History Discussion )

Barney Frank: really goes back four, five texans administrations in a bipartisan way. american securities administration association, she raised concerns. they were worried that this might at some point be too much of a delegation and therefore, i appreciate the gentleman's comments, we agree with me we

Barney Frank

0:26:01 to 0:26:22( Edit History Discussion )

Barney Frank: do -- always to buff up investor protection. clearly there is a role for fenra. i think we may have gone a bill too far in what we accepted in the committee. we are not talking about getting rid of it altogether. i appreciate the reasonableness of what the gentleman from alabama has said. it will be our role next year if ts bill passes to monitor the s.e.c.

Barney Frank

0:26:23 to 0:26:30( Edit History Discussion )

Barney Frank: i look forward to oversight hearings to make sure they are using their authority. and particularly the question of how best to allow the s.e.c.

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