A Quote by Gary Weiss
When it comes to making laws that protect the public from the financial services industry, Congress has done a progressively worse job since the Pecora Commission hearings of the early 1930s, which led to Congress taking bold steps to regulate banking and securities firms in 1933 and 1934.
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The Congress-led UPA government is not releasing development funds and criticizing my government for not taking adequate steps for development. This shows that Congress is only playing politics for electoral gains and is not serious about development of the state.
The 112th Congress passed only 220 laws, the lowest number enacted by any Congress. In 1948, when President Truman called the 80th Congress a 'Do-Nothing' Congress, it had passed more than 900 laws.
My research interests since then have shifted strongly towards the economic and regulatory problems of the financial services industry, and especially of the securities and options exchanges.
Congress in session is Congress on public exhibition, whilst Congress in its committee-rooms is Congress at work.
So the president is like, "Well, once upon a time it was Congress's job to decide whether or not we attacked countries, so let's let them decide." Which is funny, because, as we all know, if Congress were on fire, Congress could not pass the "Pour Water on Congress Act".
The money problem facing the country from 1789 to 1896 existed because Congress never exercised is authority to "coin money or regulate the value thereof" - but rather delegated that authority, sometimes by charter and sometimes by default, to the banking system. This despite the provision in the Constitution that charged Congress with the power to 'coin money, regulate the value thereof, and of foreign Coin, and fix the Standards of weight and Measures.'
My job is to enforce the laws as passed by whom? Congress. They give me my authority. That's the jurisdictional responsibilities that I have, and when litigation is used to regulate... that's abusive. That's wrong.
Congress seems drugged and inert most of the time... its idea of meeting a problem is to hold hearings or, in extreme cases, to appoint a commission.
People of the United States of America, your Congress is bought, your Congress is incapable of making legislation on healthcare, banking, trade, or taxes because if they do it, they will lose their political funding and they won’t do it.
I don't think that the financial services industry and that banking in particular are any different than any other part of the economy, any other industry outside banking.
Why should DMK align with Congress after blaming the Congress of taking revenge on it for the 2G scam, which caused the exchequer a loss of Rs 1.76 lakh crore. Why should Congress take revenge? Does that mean the Congress did not get its due share from the DMK?
The global financial system consists of firms in the financial services sector - banks, hedge funds, insurance companies and the like - and various governmental agencies who are charged with regulating these firms.
Under our constitutional system, the executive executes the laws that Congress has passed. It should not be executing laws that Congress has rejected.
Apparently it's acceptable for members of Congress to own stock in companies we regulate in Congress, but somehow, our plumbing company crosses some line.
When I started acting in the film industry when I was 16 years old, in 1980, I was going to all the revival theaters in Los Angeles. They were playing mostly films from the '60s and '70s, some from the early '20s and '30s, before that Hays commission. Those films did question things a lot, and there definitely was a switch in 1934. You can see very distinctly in 1934, it's harder to understand what the real culture was. Films made before 1934, you can really kind of see the racism, sexism, drug use, etc. that was going on at that time. And then it was all stopped.
Congress has broad powers to regulate and control commerce. Congress also cannot force a state to 'un-decriminalize' something; states' rights are routinely upheld by the Court.
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