Senate Proceeding on Apr 23rd, 2009 :: 1:55:20 to 1:56:20
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1:53:50 to 2:00:20( Edit History Discussion )
Speech By: Charles Schumer

1:55:12 to 1:55:33( Edit History Discussion )

Charles Schumer: fort i.g. of department of h.u.d.; $2034million to the secret service to investigates mortgage fraud. if you read the list one thing is missing, the securities and exchange c well, thanks to the hard work of many, including my cosponsor of this amendment, senator shelby and senator grassley, the lead

1:55:34 to 1:55:56( Edit History Discussion )

Charles Schumer: sponsor come up with a compromise provision. initially the amendment that we were going to offer, senator grassley raised some very valid points and we have been working in the last two days to come to an agreement and i'm proud to say we have. and so $20 million for s.e.c. enforcement; it would also give

1:55:57 to 1:56:17( Edit History Discussion )

Charles Schumer: an additional $1 million to the s.e.c.'s office of inspector general. i'm pleased to have played a role in putting together this package which will ultimately benefit the american public through safer markets and better policing of our financial system. the authorization to the s.e.c. is necessary for fighting exactly the kind of fraud that is covered by this bill leaving

1:56:18 to 1:56:40( Edit History Discussion )

Charles Schumer: the second out of the this bill is a little light 2350eu9ing a war without the manners. the s.e.c. is often the first line of enforcement before the criminal authorities get involved. now the s.e.c. staffing decreased by 10% from 2005 to 2007. the agency's just recovering from the decreases and it is