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Senate Proceeding on May 11th, 2010 :: 1:33:30 to 1:37:50
Total video length: 2 hours 32 minutes Stream Tools: Stream Overview | Edit Time

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David Vitter

1:33:27 to 1:33:47( Edit History Discussion )

David Vitter: know how this process goes on. so, mr. president, i think passage of the sanders amendment is a step forward. again, i want to congratulate all of those people from both political parties with very different political ideologies for coming forward, for pushing this issue forward. this is not the end, this is a beginning. and i think, as senator dodd

David Vitter

1:33:30 to 1:37:50( Edit History Discussion )
Speech By: David Vitter

David Vitter

1:33:48 to 1:34:08( Edit History Discussion )

David Vitter: said a moment ago, this is historic. we are beginning to lift the veil of secrecy on what is perhaps the most important agency in the united states government. i urge passage of the sanders amendment, and i would reserve yield the floor.

David Vitter

1:34:09 to 1:34:29( Edit History Discussion )

David Vitter: the presiding officer: the senator from louisiana is recognized. mr. vitter: mr. president, i stand again to join with a bipartisan group of colleagues supporting senator sande amendment and also supporting the vitter side-by-side amendment. these are not mutually exclusive alternatives. both senator sanders and myself

David Vitter

1:34:30 to 1:34:51( Edit History Discussion )

David Vitter: and many others will strongly support both, and i urge all of my colleagues, democrats and republicans, to do the same mr. president, particularly since the financial crisis, the american people have been demand one of them clearly has been

David Vitter

1:34:52 to 1:35:14( Edit History Discussion )

David Vitter: openness and transparency about u.s. economic policy, including at the federal reserve. that has been a major theme particularly since the financial crisis, that has been a clear demand of the american people, certainty of louisianans particularly since the financial crisis. and most of us have voted and

David Vitter

1:35:15 to 1:35:38( Edit History Discussion )

David Vitter: have spoken in strong support of that. and if we trulyant to make it happen and if we truly want to preserve that record, we need to vote for the sanders amendment and the vitter amendment today to get that done if you want to continue to support the same push as in the stand-alone sanders senate bill,

David Vitter

1:35:39 to 1:35:59( Edit History Discussion )

David Vitter: you need to vote for both amendments. if you want to continue to support your position if you voted for the sanders budget amendment a few months a and a -- and a strong majority of this body did -- you need to vote for both amendments. if you want to support the position of the house, which in

David Vitter

1:36:00 to 1:36:20( Edit History Discussion )

David Vitter: a bipartisan way supported exactly the same language as contained in my amendment through an amendment in the banking committee, a strong, bipartisan vote, you need support both amendments. supporting one, walking on the other is not good enough and will surely be recognized as not

David Vitter

1:36:21 to 1:36:42( Edit History Discussion )

David Vitter: good enough. so i urge all of my colleagues, democrats and republicans, to support both amendments to have full openness and accountability and transparency with all the protections that are included against politicizing individual fed decisions.

David Vitter

1:36:43 to 1:37:05( Edit History Discussion )

David Vitter: mr. chairman, in closing, let me say this. excuse me, mr. chairman, i'm just tryin to find one quote. in many ways, mr. president, i really think it comes down to this one quote bylan greenspan from 2004. quote -- "we run the risk by

David Vitter

1:37:06 to 1:37:26( Edit History Discussion )

David Vitter: laying out the pros and cons of a particular argument, of inducing people to join in on the debate, and in this regard, it is possible if lose control of a process that only we fully understand." manager congress, the american people joining in on the debate,

David Vitter

1:37:27 to 1:37:47( Edit History Discussion )

David Vitter: god forbid, imagine the moneyedy elites losing control of the process. if you share that alan greenspan view of democracy, vote against my amendment. but if you share a very different view, whic i believe is embodied in this institution and in our constitution, please

David Vitter

1:37:48 to 1:37:50( Edit History Discussion )

David Vitter: support bot the sanders and the vitter's -- the vitter

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