Political Quotes

Brad Sherman: “$50 billion is a safe harbor. If you are not over $50 billion, they can't designate you a SIFI.”

On the recordJuly 7, 2015
$50 billion is a safe harbor. If you are not over $50 billion, they can't designate you a SIFI.
Said by
Brad Sherman
Democratic · California

Editor's note · Context

Sherman discusses the threshold for designating financial institutions as systemically important.

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