Political Quotes

On the recordNovember 17, 2011
There are some things that are damaging to others and the government should prohibit.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Clarifies the government's role in regulating harmful activities.

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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.

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Critically I made sure that the United States reserve the right to maintain and enforce existing sanctions and even to deploy new sanctions to address those continuing concerns which we fully intend to do when circumstances warrant.

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