Wouldn't that over time--and I think this was Mr. Waller's argument some years ago; I heard him lay out this case that if we are worried about over-leverage, why would we create a situation where the burden on the smaller institutions is such that they are going to be bought out by larger institutions who then will be in a position without the competition to further over-leverage?
Royce questions the impact of larger institutions buying out smaller banks on over-leverage.
Share
More from Ed Royce
Vladimir Putin is not our friend, and there is simply no comparing the actions of the United States with those of Putin's Russia.
Let me begin by thanking Mr. Engel, the author of this measure, and I express my deep appreciation for his help in all that we have undertaken with our committee. There are, as Eliot knows, 70 million men, women, and children who have been…
In closing, Mr. Speaker, I would like to thank my colleagues for their bipartisan work on this important legislation. This measure will send a clear message to the Iraqi people that the U.S. supports them in their quest for peace and…
Other voices in this conversation
