Document:

Senator John McCain, 2/11/11

Summary:

Senator John McCain (R-AZ) wrote to Duncan to urge him "to withdraw the pending regulation and restart an open, transparent regulatory process to address any identified deficiencies across all institutions of higher education." McCain summarized the problems with the current regulations, including indications of a biased rulemaking committee, leaks from the Department to short sellers, and the well-known problems with the GAO report. McCain concluded by suggesting that regulations should not target one portion of the higher education sector based on their tax at.

Posted
AuthorKeith Blakeman