Political Quotes

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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What do your examiners do? Do they value it as a fully secured loan or a completely unsecured loan if it is secured by Bitcoin or Hamster coin, or do you just not know?

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