Political Quotes

Steve King: “As I watch this regulation that's coming through in the financial services component of this, it's a regulation that…”

On the recordMay 25, 2010
As I watch this regulation that's coming through in the financial services component of this, it's a regulation that sets up Tim Geithner, the Secretary of the Treasury, to decide which businesses are too big to be allowed to fail, which businesses would be deemed to fail, and all he needs is the agreement of the FDIC and the agreement of the Chairman of the Fed. Those things concern me a great deal.
Said by
Steve King
Republican · Iowa
Source
govinfo.gov
May 25, 2010

Editor's note · Context

The speaker is expressing concerns about financial regulations and the power of the Treasury Secretary.

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