Video archive of the US Congress

Senate Proceeding on Apr 23rd, 2009 :: 3:25:15 to 3:26:50
Total video length: 12 hours 29 minutes Stream Tools: Stream Overview | Edit Time

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Charles Schumer

3:25:14 to 3:25:36( Edit History Discussion )

Charles Schumer: mr. schumer: and, madam president, i ask unanimous consent that the amendment be passed. it the presiding there any further debate on this issue? without, all those in favor say aye. all those opposed? the ayes appear to have the ayes do have t the amendment is passed. mr. schumer: i'd just like the

Charles Schumer

3:25:15 to 3:26:50( Edit History Discussion )
Speech By: Charles Schumer

Charles Schumer

3:25:37 to 3:25:57( Edit History Discussion )

Charles Schumer: body to note that this is s.e.c. amendment that adds $20 million for new s.e.c. staff and investigators, another $1 million for the i.g. in the s.e.c. this was the one part of this very fine piece of legislation that wasn't included. and, of course, if you're looking at financial fraud, the

Charles Schumer

3:25:58 to 3:26:19( Edit History Discussion )

Charles Schumer: kind that person knee madoff and so many others did, beefing up the s.e.c. and making sure they're much tougher and more focused as the technology parts senator grassley wanted to make sure that the s.e.c. avoided past mistakes under its old leadership, and he made some very useful suggestions.

Charles Schumer

3:26:20 to 3:26:41( Edit History Discussion )

Charles Schumer: that's why the s.e.c. wasn't included originally. we agreed on those. i want to thank him, senator leahy, as well as senator shelby, who has been my cosponsor in this for passing this legislation, and i also want to thank our new chair of the s.e.c.

Charles Schumer

3:26:42 to 3:26:50( Edit History Discussion )

Charles Schumer: breath of fresh air in the s.e.c. she is trying toll shake it up. so the kinds of mistakes we have

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