Political Quotes

Richard Shelby: “The Federal Government should not pick winners and losers in the market. Yet, that is exactly what a designation does…”

On the recordJune 24, 2014
The Federal Government should not pick winners and losers in the market. Yet, that is exactly what a designation does; it chooses which firms are too-big-to-fail.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby criticizes the SIFI designation process for favoring certain financial firms.

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