As far as the CFTC goes, it's different. CFTC doesn't even have an examination, audit or inspection function. They've got three regional offices. The FCC has, I think, 12 or 13. So this Transferring the authority to supervise and regulate to a much smaller agency with an annual appropriation, which Congress will decide after they've gone through election cycles with their money being spread around, is pretty obvious to me. I might also say to you that the prospective Attorney General, the new One we're considering, Mr. Blanche, testified before the Judiciary Committee about his own circumstance last year. (01:39–01:57)
CLAIM
Asserts that transferring regulatory authority to a smaller agency like the CFTC is influenced by political contributions.
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