Greta Van Susteren | August 2, 2010 12:47 PM
This is what happens when Senate and House pass bills without reading them. The brand new Finance Reform bill has “overtly broad Freedom of Information Act exemption” to put it gently. See below the press release….yes, this is disgraceful and shows what happens when they won’t even bother to read and study what they pass.
PS This “no reading” is an epidemic with BOTH parties…not just Dems but Repubs, too! They can’t read all the bills but they sure can read the important ones and, with rare exception, no one does.
Comment Of Senator Patrick Leahy (D-Vt.),
Chairman, Senate Judiciary Committee,
On FOIA Exemptions For The Securities And Exchange Commission
August 2, 2010
“The Freedom of Information Act is our nation’s premier open government law, and a powerful guardian of the public’s right to know. The Wall Street reform bill that has now become law makes great strides toward enhancing transparency in our financial system. However, I am concerned that an overly broad Freedom of Information Act exemption, originally drafted in the House of Representatives and which was included in the final law, is contrary to the very important goals of the Wall Street Reform bill – restoring accountability and transparency to our financial markets. The SEC should immediately issue guidance narrowly interpreting this FOIA exemption in a manner that is both consistent with the President’s policy of government transparency and with Congressional intent. I will work with the Obama administration and others in Congress to ensure that the SEC remains subject to FOIA and accountable to the American people.”
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