Political Quotes

Scott Tipton: “I think many of us recall some of the comments after the passage of the Dodd-Frank Act, the bigger banks, one CEO had…”

On the recordOctober 21, 2019
I think many of us recall some of the comments after the passage of the Dodd-Frank Act, the bigger banks, one CEO had noted, it becomes a moat around those big banks, making it harder for the smaller banks to be able to compete simply because you can't keep up with the regulatory costs that are coming through.
Said by
Scott Tipton
Republican · Colorado

Editor's note · Context

Tipton discusses how Dodd-Frank regulations disadvantage smaller banks compared to larger ones.

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I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 10, strike lines 15 through 20. Page 11, strike lines 3 through 9. The Acting CHAIR. Pursuant to House…

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