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 byBarney FrankDemocratic · MassachusettsSourcecongress.gov
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.congress.gov
Jul 8, 2015“We are talking about dismantling the one and only consumer protection agency that we created.congress.gov
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.congress.gov