Political Quotes

David Scott: “The language in the Treasury proposal could be read to force--to force--clearinghouses to treat transactions as…”

On the recordSeptember 16, 2009
The language in the Treasury proposal could be read to force--to force--clearinghouses to treat transactions as fungible, which could have a negative systemic risk implication.
Said by
David Scott
Democratic · Georgia

Editor's note · Context

Scott warns about potential risks in the Treasury's proposal regarding fungible transactions.

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