Political Quotes

Barney Frank: “I thank the gentleman, and I commend him for paying attention to a very specific but very important point. He is…”

On the recordJune 30, 2010
I thank the gentleman, and I commend him for paying attention to a very specific but very important point. He is absolutely right. We have no intention here of disturbing the well-run State insurance regime. We respect and honor that form of the mutual insurance holding company. The gentleman's interpretation is entirely correct. They will remain subject to resolution under their existing State insurance liquidity and insolvency regimes.
Said by
Barney Frank
Democratic · Massachusetts
Source
govinfo.gov
Jun 30, 2010

Editor's note · Context

The speaker addresses the importance of maintaining state insurance regulations.

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