I think the amount of time we are talking about is not too long, given the importance of this and of doing it right.
Editor's note · Context
Frank defends the timeline for the Volcker Rule implementation.
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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.
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I was one of three Members of the House who voted against that. Three of us, Ron Paul, Dave Wu, and I voted to allow this bigot to continue to demonstrate his bigotry.
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…





