Political Quotes

Paul S. Sarbanes: “If banks are put into a position of competing with each other for members... what danger do you see in the possibility…”

On the recordSeptember 9, 2003
If banks are put into a position of competing with each other for members... what danger do you see in the possibility that Banks would engage in a race to the bottom?
Said by
Paul S. Sarbanes
Source
congress.gov
Sep 9, 2003

Editor's note · Context

Sarbanes questions the risks of competition among banks under new membership proposals.

Share

More from Paul S. Sarbanes

Apr 19, 2016

She will do an absolutely terrific job as a Librarian of Congress.

congress.gov
Apr 19, 2016

I strongly urge her confirmation by the Committee.

congress.gov
Apr 19, 2016

I cannot tell you how excited I am about her nomination to become the Librarian of Congress.

congress.gov
Jul 14, 2010

I am pleased to join with Senator Cardin and Senator Mikulski sending in a letter in very strong support of Sarah Bloom Raskin to go on the Federal Reserve Board.

congress.gov