Congress established your national charter, Congress created the deposit insurance your bank enjoys, Congress stood up the Federal Reserve to be a lender of last resort, and Congress developed the legal framework that governs your bank.
Ayanna Pressley: “Congress established your national charter, Congress created the deposit insurance your bank enjoys, Congress stood up…”
On the recordMarch 9, 2020
Source
congress.govEditor's note · Context
Pressley emphasizes Congress's role in regulating banks and the need for accountability.
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