GREEN BAY, Wis. — Republican presidential nominee John McCain elaborated a bit this morning on why he said yesterday that he would fire Securities and Exchange Commission Chairman Christopher Cox if McCain were president, a position later softened to a call for his resignation.
McCain portrayed it as a matter of honor — although he flubbed his payoff line a bit.
“My friends, that kind of accountability and responsibility is missing in Washington today,” McCain said, and then he misspoke. “That’s why I believe the chairman of the FEC should resign and leave office and be replaced.”
The FEC, of course, is the Federal Election Commission, which oversees campaign finance laws, and not the financial world.