David Scott said "We shouldn't do that again. So, I am skeptical whether all of these resolution procedures will actually be used." @ PoliticalQuotes.com

On the recordSeptember 18, 2023

We shouldn't do that again. So, I am skeptical whether all of these resolution procedures will actually be used.

Said by

David Scott

Democratic · Georgia

Source

congress.gov

Editor's note · Context

Scott doubts the effectiveness of proposed banking resolution procedures based on historical bailouts.

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More from David Scott

Sep 18, 2023

That is not a good story. It will increase costs for the banks.

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Sep 26, 2023

I am delighted with your presentation. I understand with low economic and finance that I handle at times, particularly with the stock market. Keep up the good work. Don't get discouraged. We will get out of this mess in our financial markets. Thank you.

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Sep 18, 2023

They should be online when red flags go off and danger signals go off.

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Feb 5, 2024

I have such respect for you and your economic genius and prowess in the financial system.

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