Congressional Digest

Congressional Digest October 2009 No. 8 Vol. 88
Honorable Bobby Scott

Executive Compensation

Regulating the Pay of Top Corporate Managers

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Honorable Bobby Scott

United States Representative, Virginia, Democrat

Representative Scott, of the Third District of Virginia, was first elected to the U.S. House of Representatives in 1992. He served in the Virginia House of Delegates from 1977 to 1982 and in the Virginia Senate from 1983 to 1992. He sits on the following committees: Budget, Education and Labor, and Judiciary. The following is from the July 31, 2009, House floor debate on H.R. 3269, the Corporate and Financial Institution Compensation Fairness Act. Let me just start out by saying this. We’re hearing complaints from the other side that we are taking over the private enterprise system; we are…

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