I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from Pennsylvania will be postponed. Amendment No. 20 Offered by Mr. Posey The Acting CHAIR. It is now in order to consider amendment No. 20 printed in part B of House Report 112-616.
Share
More from Barney Frank
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 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.
Barney Frank said that he believed that it was a war on crypto that motivated this--not a systemic risk of crypto.
Barney Frank, the author of the Dodd-Frank bill, in this committee, sitting in that chair, who has testified in this committee that he told us that the $50 billion threshold is arbitrary and that we should look at alternative methods for…
Other voices in this conversation
