Barney Frank: “I did believe passionately that the Federal Government ought to invest in a nationwide professional development program…”

the single-biggest issue that we dealt with in Dodd-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.

The Consumer Financial Protection Bureau may not exercise any rulemaking, supervisory, enforcement, or any other authority including any authority to order assessments over a motor vehicle dealer that is predominantly engaged in the sale…

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.