Maxine Waters actually said...
Now, doesn't the fact that the FSOC has only designated four non-banks as SIFIs since 2010 confirm that the FSOC is not arbitrarily imposing SIFI designations on all non-bank financial firms, but instead acting responsibly to protect taxpayers and our financial system from another devastating financial crisis?
Context
Waters highlights the limited SIFI designations to argue FSOC acts responsibly.
03/27/2017