As banking becomes increasingly global, the U.S. financial regulatory structure, I believe, needs to make sure it can adequately handle the failure of banks operating globally.
Editor's note · Context
Senator Shelby emphasizes the need for a robust U.S. regulatory framework for global banking.
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I call up my amendment No. 5418 and ask that it be reported by number. The PRESIDING OFFICER. The clerk will report. The legislative clerk read as follows: The Senator from Alabama [Mr. Shelby] proposes an amendment numbered 5418 to…
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