On the recordJuly 20, 2009
Too big to fail means too big to exist.
Source
congress.govToo big to fail means too big to exist.
Sherman argues that entities shouldn't be allowed to grow too large to avoid taxpayer bailouts.
Share
More from Brad Sherman
TikTok has come to mind. It's a national security issue. It's also an economic issue and one of fairness.
In a capitalist society, the allocation of capital is critical, and it is often a fight between Wall Street and my local pizzeria.
the four agencies dealing with bank mergers... should provide updated guidelines and regulations for approving bank mergers.
I would point out that many of us on this committee urged that we arm Ukraine before February 2022.