On the recordJuly 22, 2014
I do agree that there is room for that.
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congress.gov“I do agree that there is room for that.”
Frank supports revisiting the $50 billion SIFI designation threshold.
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I urge staff to pay close attention to the differences in products offered by nonbank institutions and to be mindful of Congress's intent in financial reform that State consumer protection laws be preserved to the extent possible.
We should have made it much higher, $125 billion or more, and we should have indexed it.
Barney Frank said that he believed that it was a war on crypto that motivated this--not a systemic risk of crypto.
Protection and advocacy Agencies, which are Federally funded entities charged with enforcing the rights of persons with disabilities.
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