On the recordOctober 25, 2009
Well, I'd like to get them to pay the money back. And the one thing I want to say is this, John. All the money in the world doesn't make them effective lobbyists right now.
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transcripts.cnn.com“Well, I'd like to get them to pay the money back. And the one thing I want to say is this, John. All the money in the world doesn't make them effective lobbyists right now.”
Barney Frank discusses the need for bailed-out banks to repay taxpayer money and the effectiveness of lobbyists.
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Critically I made sure that the United States reserve the right to maintain and enforce existing sanctions and even to deploy new sanctions to address those continuing concerns which we fully intend to do when circumstances warrant.
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.
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