Barney Frank actually said...

we also increased the deposit limit to $250,000, which the community banks wanted.

Frank mentions raising the deposit limit to support community banks and small businesses.

07/22/2014

More Barney Frank Quotes

I would have to look at the specifics. I am generally in favor of that...

My biggest problem with the regulators, frankly, is they are equating the two kinds of mortgages.

I do think that the complexity issue of the Volcker Rule and the push-outs help.

I do think there is room for subtlety in that, but I don't think Glass-Steagall does it.