On the recordMay 22, 2013
The Dodd-Frank Act is an extraordinarily important act to make sure that we never get into a financial crisis such as we had before.
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congress.govThe Dodd-Frank Act is an extraordinarily important act to make sure that we never get into a financial crisis such as we had before.
David Scott emphasizes the importance of the Dodd-Frank Act in preventing financial crises.
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I think any banker I have ever talked to has said that higher capital increases, decrease lending.
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Yes, because if we increase the capital associated with taking a position and a derivative, it is going to increase the costs.