On the recordJune 8, 2009
I want to certainly make the record reflect that I am very concerned about two major areas as we move forward.
Source
congress.govEditor's note · Context
Expresses concern about the impact on foreign business and non-standardized derivatives.
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More from David Scott
Jul 17, 2023
What about large publicly-traded banks and other financial institutions which provide loans to small family farmers and ranchers?
Sep 18, 2023
Yes, because if we increase the capital associated with taking a position and a derivative, it is going to increase the costs.
Feb 5, 2024
I have such respect for you and your economic genius and prowess in the financial system.
Sep 18, 2023
I disagree with that. There are numerous studies from the Bank for International Settlements (BIS), which is a widely-acclaimed source. It is neutral, it is not political, and it says that higher capital decreases lending.
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