Small Companies Struggle Under Act
Special to Roll Call
When Congress passed the Sarbanes-Oxley Act in 2002, we got it mostly right. In the wake of the Enron and WorldCom accounting scandals, we acted deliberately and relatively swiftly to enact legislation that sought to reform corporate governance laws and provide investors with renewed confidence. Five years later, there is compelling evidence that the central provisions of the Sarbanes-Oxley Act have resulted in meaningful steps forward and that investor confidence is restored.
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Schumer Advocates for Many on Panel
Nov. 16, 12 a.m.
As Senate Majority Leader, Lyndon Johnson once said of the Joint Economic Committee, “It’s as useless as tits on a bull.” But as that panel’s chairman during the 110th Congress, Sen. Charles Schumer (D-N.Y.) seized the opportunity to elevate the traditionally low-profile post to the forefront of shaping policy. Read Full Article
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