Every single activity now characterized as a bailout that is going on in the United States was initiated by the Bush Administration.
Editor's note · Context
Frank emphasizes that bailouts began under Bush, not Obama.
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More from Barney Frank
The Supreme Court says we have a right to be married. There is no Federal legislation and in many States no other legislation that protects us against discrimination.
I don't think asset managers or insurance companies that just sell insurance as it's traditionally defined are systemically defined . . . Their failure isn't going to have that systemic reverbatory [sic] effect.
In 2009, Barney Frank introduced the Consumer Financial Protection Agency Act, which created a five-person board at the CFPB.
The Consumer Financial Protection Bureau may not exercise any rulemaking, supervisory, enforcement, or any other authority including any authority to order assessments over a motor vehicle dealer that is predominantly engaged in the sale…





