Political Quotes

On the recordJuly 7, 2015
The power to recommend avoids the 'too-big-to-fail' stigma that some have associated with the designation of individual companies.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Emphasizing the advantages of regulatory recommendations in reducing stigma for designated companies.

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More from Barney Frank

Jul 22, 2014

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.

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Jul 8, 2015

We are talking about dismantling the one and only consumer protection agency that we created.

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Jul 21, 2015

I do think there is a tendency for an overreach by the FSOC. I do not think straightforward insurance companies or money managers should be covered and regulated as SIFIs.

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