But yet many mutual, bank, and insurance holding companies have been unable to even apply for TARP funds because of the Treasury's not coming out with a term sheet that would enable them to apply, even those that can issue nonpublic preferred stock. Would you agree that the Treasury should be encouraged to come out with those term sheets?
Discussing the challenges faced by financial institutions in accessing TARP funds.
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May I inquire as to how much time I have remaining. The Acting CHAIR. The gentleman has 2 minutes remaining.
I have an amendment at the desk. The CHAIR. The Clerk will report the amendment. The Clerk read as follows: At the end of the bill (before any short title), insert the following new section: The amount otherwise provided by this Act for…
We will not allow the Trump Administration to unlawfully undermine our economy, hamstring our competitiveness, or play politics with our public health.
I appreciate my colleague's comments; and, frankly, I don't disagree that it is arbitrary. I would argue that perhaps how we got to this 800,000 was not by anybody doing a great deal of planning either, so perhaps that is arbitrary. But…
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