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Securities And Exchange Commission Government Employees Wages And Salaries

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BUSINESS
May 4, 2001 | Bloomberg News
A proposal to cut SEC fees and give raises to the agency's professional staff was pulled back at the last minute from an expected House of Representatives vote Thursday. The action came after Senate Banking Committee Chairman Phil Gramm (R-Texas) said he wouldn't back a compromise among House leaders that would have authorized the SEC to give raises to only a few specific categories of professionals. The fight over pay sidetracked proposed fee cuts in the same bill.
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BUSINESS
May 4, 2001 | Bloomberg News
A proposal to cut SEC fees and give raises to the agency's professional staff was pulled back at the last minute from an expected House of Representatives vote Thursday. The action came after Senate Banking Committee Chairman Phil Gramm (R-Texas) said he wouldn't back a compromise among House leaders that would have authorized the SEC to give raises to only a few specific categories of professionals. The fight over pay sidetracked proposed fee cuts in the same bill.
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