Political Quotes

On the recordMay 10, 2012
Well, they just lost $2 billion. They just lost about five times that or four times that through their own errors.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Frank highlights the significant losses incurred by JPMorgan Chase due to errors, arguing for the importance of regulation.

Share

More from Barney Frank

Jul 11, 2016

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.

congress.gov
Sep 21, 2016

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…

congress.gov
May 15, 2025

People around the world have learned they can claim asylum and remain in the U.S. indefinitely to pursue their claims.

apnews.com
Sep 28, 2015

The Consumer Financial Protection Bureau may not exercise any rulemaking, supervisory, enforcement, or any other authority including any authority to order assessments over a motor vehicle dealer that is predominantly engaged in the sale…

congress.gov

Other voices in this conversation