Political Quotes

On the recordSeptember 21, 2016
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 determination.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Barney Frank criticized the arbitrary $50 billion threshold for SIFI designations in Dodd-Frank.

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