Political Quotes

Brad Sherman: “Free market capitalism does recognize that at times a bank will fail. But it needs to fail as an independent entity.”

On the recordJuly 11, 2016
Free market capitalism does recognize that at times a bank will fail. But it needs to fail as an independent entity.
Said by
Brad Sherman
Democratic · California

Editor's note · Context

Sherman argues that banks should fail independently without dragging down the economy.

Share

More from Brad Sherman

Jul 23, 2026

There are those who think that the Saudi possession of nuclear technology is totally benign, but I’ve been involved in this for a long time, and I remember when the most powerful monarch in the Middle East was a good friend of America. And…

theguardian.com
Feb 17, 2025

As a private citizen who has been the subject of SEC enforcement—and as someone with an outspoken personal vendetta against the agency and its mission—Mr. Musk's involvement in any decisions regarding the future of the agency is highly…

newsweek.com
Apr 16, 2024

Sudan is more likely to violate the U.N. than Russia.

congress.gov
Oct 2, 2026

This is not what should be going on in our malls.

cbsnews.com

Other voices in this conversation