_psGase 9:08-cv-80736-KAM Document 85-1 Entered on FLSD Docket 06/17/2011 Page 2 of 4 June 8, 2011 CONGRESSIONAL RECORD — SENATE S3607 specifically, how do we get businesses cost-benefit rules that govern all other allowed to speak as in morning busi- to do more in terms of hiring, spend agencies. In 1995, we had this debate ness for up to 10 minutes each. ; less on redtape, less on bureaucracy, and determined at that time we would The PRESIDING OFFICER. Without and reduce the regulatory burden in not extend the legislation to inde- objection, it is so ordered. smart ways? pendent agencies. In the interim, inde- oo eeligee The current administration has said pendent agencies have been providing some of the right things but actually more and more rules, have put out TRIBUTE TO LOUIS E. GIVAN moved in the wrong direction. We have more and more regulations, and are Mr. McCONNELL. Mr. President, I seen a sharp increase in the last couple having a bigger and bigger impact. An rise today to recognize a distinguished of years in what are deemed to be example of an independent agency xentuckian who has worked tirelessly major economically significant rules. would be the SEC, the Securities and on behalf of our Nation’s soldiers, sail- That is defined as regulations that im- Exchange Commission, or the CFTC, ors and marines for more than 40 years. Fen cr more, ne Seonomy of $100 mil og Commission. “These are agencies LOWS E. Givan, a lifelong resident of According to the administration’s Of- that, although independent in the exec- ay a natn ck of Louisville, has played . : protecting the men and fice of Management and Budget, the utive branch, are very much involved wowien of Out Armed Forces and our current administration has been regu- in putting out major rules and regula- country’s defense lating at a pace of 84 major rules per tions. It is sometimes called the ‘thead- Formerly a s ailor himself in the U.S year. By way of comparison, that is less fourth branch’ of gover