The only other thing you can do is--and I thought Mr. Perlmutter's questions were right--we want to keep them from failing.
Editor's note · Context
Frank emphasizes the importance of preventing bank failures.
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Barney Frank, the author of the Dodd-Frank bill, in this committee, sitting in that chair, who has testified in this committee that he told us that the $50 billion threshold is arbitrary and that we should look at alternative methods for…
No one doubts that if a change in administration comes and the new President disagrees with the existing Director, he or she can be removed.
Critically I made sure that the United States reserve the right to maintain and enforce existing sanctions and even to deploy new sanctions to address those continuing concerns which we fully intend to do when circumstances warrant.
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