I think all of us would tell you up here, and I am sure you are aware of this, as well, that from our community bankers and, for the most part, the credit unions in our State acted very responsibly through all of this and what they worry about is being saddled with a lot of the cost that comes down.
Dodd highlights the responsible actions of community bankers amidst financial regulations.
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In fact, it was the uncertainty inherent in a nontransparent and reckless financial system that made Dodd-Frank necessary in the first place.
President Clinton, to his eternal credit in my view, just does not quit on this issue.
The truth is that the catastrophe was years in the making caused by regulatory negligence and Wall Street gambling.
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