Political Quotes

Barney Frank: Then rather than deal with it this way, I would have thought in the CR, you're telling me that the Republican…

On the recordFebruary 17, 2011
Then rather than deal with it this way, I would have thought in the CR, you're telling me that the Republican Appropriations Committee majority funded some nonexistent positions. I would have some advice, Mr. Chairman, for the gentlewoman. Next time, don't do that and we won't have this problem. But there are some positions that they did fund that they would defund that still exist. And I understand they were in a hurry; so they forgot to mention all of them. They talked about climate change and they talked about health care. Here's the one they forgot to mention: The special master for TARP Executive Compensation, Department of the Treasury, that is the special master, whose job it is to monitor excessive compensation of those TARP recipients who got special assistance and still owe the Federal Government money. So what they want to do is knock out the person whose job it is to monitor compensation at AIG and at General Motors and at Chrysler and at Ally.
Said by
Barney Frank
Democratic · Massachusetts
Source
govinfo.gov
Feb 17, 2011

Editor's note · Context

The speaker criticizes the Republican Appropriations Committee for defunding important oversight positions.

Share

More from Barney Frank

Apr 5, 2017

I urge staff to pay close attention to the differences in products offered by nonbank institutions and to be mindful of Congress's intent in financial reform that State consumer protection laws be preserved to the extent possible.

congress.gov
Jul 8, 2015

I know people in my district who have gone to jail for writing bad checks for $1,000 and yet these people are still walking around.

congress.gov
Jul 12, 2017

We should have made it much higher, $125 billion or more, and we should have indexed it.

congress.gov
Feb 5, 2024

it was because they were banking crypto, not because they were insolvent.

congress.gov

Other voices in this conversation