On the recordJuly 22, 2014
I think you may have misunderstood Mr. Sherman because you weren't here.
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congress.gov“I think you may have misunderstood Mr. Sherman because you weren't here.”
Frank clarifies a misunderstanding regarding the $10 billion threshold in discussions.
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The relationship between elected officials and his or her constituents is paramount.
This is not a bill to protect religious liberty in general. It singles out one particular religious tenet.
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.
I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.
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