Barney Frank said...

Yes it is true if the SEC was given only what the President asked for, they wouldn't be able to do as much as they should.

Frank critiques the President's request for SEC funding as insufficient.

06/05/2012

More Barney Frank Quotes

The incentive became to make a quantity of loans and not quality.

Dodd-Frank... provided oversight to Wall Street, gave regulators the tools to end the era of too-big-to-fail entities.

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

I originally wanted it to be a single director. The intraparty votes in the House... wanted it to be a commission, so we...