Political Quotes

Austin Scott: the idea that you would put my local community bank, where there is absolutely no systemic risk to the U.S. economy if…

On the recordFebruary 9, 2016
the idea that you would put my local community bank, where there is absolutely no systemic risk to the U.S. economy if that bank failed, under the same rules and regulations that you would put a multibillion dollar institution, is a perfect example of the flaw of the original legislation.
Said by
Austin Scott
Republican · Georgia

Editor's note · Context

Scott criticizes Dodd-Frank for treating small banks like large institutions.

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