August 09, 2011

Sam Olchyk comments on S&P downgrade and impact on supercommittee in Investment News

1 min

Venable partner Sam Olchyk was quoted in an August 8, 2011, Investment News article on the impact of S&P's decision to downgrade the U.S. credit rating and its potential impact on Congress' new supercommittee.

Commenting on the downgrade's impact on potential committee members, Olchyk said, "I don't see it having much of an impact on the select committee, nor do I see it affecting the select committee membership… Each party will select members that will adhere to its principles, making the select committee's task very difficult."