Political Quotes

On the recordJuly 8, 2015
I actually opposed the bailout, the $700 billion in bailout we gave to the banks.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Frank opposed the bank bailout during the financial crisis.

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More from Barney Frank

Jul 22, 2014

I don't think that adds to systemic risk. There is a loss of social function of economic activity.

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Jul 22, 2014

Dodd-Frank... provided oversight to Wall Street, gave regulators the tools to end the era of too-big-to-fail entities.

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Jul 22, 2014

The incentive became to make a quantity of loans and not quality.

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Jul 22, 2014

I do think that the complexity issue of the Volcker Rule and the push-outs help.

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