Ted Kaufman - United States Senator for Delaware

KaufmanConnection: Ted Says Farewell to Senate, Appears on 60 Minutes and Named to New Role as Chair of TARP Oversight Committee

October 22, 2010

Kaufman Connection - Highlights of Ted s work for Delaware

 

Ted Appears in 60 Minutes Story, Profiled by TIME's Joe Klein

CBS’ 60 Minutes recently took an in-depth look at the shadowy world of high frequency trading and the May 6 "flash crash." Ted – who has been urging the Securities and Exchange Commission to deal effectively with market structure issues since August 2009 – appeared in the story and urged the critical importance of transparency and fairness for the future of U.S. capital markets.

Watch Ted's interview on high-frequency trading with 60 Minutes' Steve Kroft

Read Joe Klein's column looking back at Ted's successful term

Pre-Election Presidential Transition Act Becomes Law

Ted’s bill -- which encourages presidential candidates to engage in transition planning before Election Day -- was signed into law by President Obama on Oct. 15.

“The Pre-Election Presidential Transition Act gives future presidential campaigns the additional resources and incentive they need to begin transition planning long before Election Day, ending the 'measuring the drapes' stigma too often attached to it," said Ted.

Learn more about the Pre-Election Presidential Transition Act HERE

Read an op-ed on the bill published in Roll Call by Donna Brazile and Ed Gillespie

Ted Appointed to TARP Oversight Panel; Elected Chair

In September, Majority Leader Harry Reid appointed Ted as a member of the Congressional Oversight Panel (COP), which oversees the Troubled Asset Relief Program (TARP). Ted was elected unanimously to serve as the panel’s new chairman, replacing Elizabeth Warren. Although TARP expired last month, many of its programs will continue to spend money, and COP is expected to produce five more reports before the panel ends its oversight activities on April 3, 2011.

Read more about Ted's appointment to the panel

Watch a YouTube video of Ted introducting COP's October report


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