The budget that we have been presented for the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) prevent them from doing the job the American people need them to do.
Frank emphasizes the inadequate budget for regulatory agencies impacting their effectiveness.
Share & report
More from Barney Frank
We are talking about dismantling the one and only consumer protection agency that we created.
I was one of three Members of the House who voted against that. Three of us, Ron Paul, Dave Wu, and I voted to allow this bigot to continue to demonstrate his bigotry.
If we are truly serious about ending poverty and uplifting all communities, we must reinvest in HUD.
The problem was not so much that we deregulated as a society, but that we did not have new regulations to keep up with new activity.
Other voices in this conversation
