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RepStephenLynch's profile
Rep. Stephen Lynch
Rep. Stephen Lynch
Rep. Stephen Lynch
Verified account
@RepStephenLynch

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Rep. Stephen LynchVerified account

@RepStephenLynch

The official Twitter account of Congressman Stephen F. Lynch. Proudly serving the 8th Congressional District of Massachusetts.

Washington, D.C. / Boston, MA
lynch.house.gov
Joined June 2011

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    1. Rep. Stephen Lynch‏Verified account @RepStephenLynch 21 Apr 2016
      • Report Tweet

      Speaking now @FSCDems Capital Markets Subcommittee hearing on oversight of the #SEC’s offices & divisionshttps://www.youtube.com/watch?v=OVV0zneOIDs …

      1 reply 0 retweets 1 like
    2. Rep. Stephen Lynch‏Verified account @RepStephenLynch 21 Apr 2016
      • Report Tweet
      Replying to @RepStephenLynch

      Since the financial crisis, your agency has not instituted any fundamental change in the credit rating agency business model.

      1 reply 0 retweets 0 likes
    3. Rep. Stephen Lynch‏Verified account @RepStephenLynch 21 Apr 2016
      • Report Tweet
      Replying to @RepStephenLynch

      The model that created these conflicts of interest. Credit rating agencies have returned to record profits.

      2 replies 0 retweets 0 likes
    4. Rep. Stephen Lynch‏Verified account @RepStephenLynch 21 Apr 2016
      • Report Tweet
      Replying to @RepStephenLynch

      Your most recent examinations found several failures by major credit rating agencies to comply with their own stated policies and procedures

      1 reply 0 retweets 0 likes
    5. Rep. Stephen Lynch‏Verified account @RepStephenLynch 21 Apr 2016
      • Report Tweet
      Replying to @RepStephenLynch

      Yet, you have not levied any fines or penalties on ratings agencies.

      1 reply 0 retweets 0 likes
    6. Rep. Stephen Lynch‏Verified account @RepStephenLynch 21 Apr 2016
      • Report Tweet
      Replying to @RepStephenLynch

      You have not used your statutory authority under Section 15E of the Securities Exchange Act to suspend agencies or individuals from ratings.

      2 replies 0 retweets 0 likes
    7. Rep. Stephen Lynch‏Verified account @RepStephenLynch 21 Apr 2016
      • Report Tweet
      Replying to @RepStephenLynch

      Your testimony states that the OCR attempts to “serve the public interest and protect users of credit ratings”.

      1 reply 0 retweets 0 likes
      Rep. Stephen Lynch‏Verified account @RepStephenLynch 21 Apr 2016
      • Report Tweet

      Do you really believe it's possible to do without either eliminating financial conflicts of interest in the ratings agency business model

      7:19 AM - 21 Apr 2016
      1 reply 0 retweets 0 likes
        1. Rep. Stephen Lynch‏Verified account @RepStephenLynch 21 Apr 2016
          • Report Tweet
          Replying to @RepStephenLynch

          Or else making oversight, examinations and penalties much tougher than they currently appear to be?

          0 replies 0 retweets 0 likes
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