Barney Frank: “Since both the gentleman from California and the gentleman from Washington signed the conference report, it is clear…”

They shouldn't lose their tax-exempt status but neither should they be able to go for a Federal grant as they would be under this bill.

I hope that the committee will.

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.