Barney Frank actually said...

We should neither encourage it nor discourage it. And not making something illegal is not an encouragement of it or an endorsement of it.

Frank argues against government interference in private sector activities.

11/17/2011

More Barney Frank Quotes

I don't think asset managers or insurance companies that just sell insurance as it's traditionally defined are systemically defined . . . Th...

The power to recommend avoids the 'too-big-to-fail' stigma that some have associated with the designation of individual companies.

FSOC's power to recommend more stringent regulation of specific activities and practices has distinct public policy advantages over its powe...

Why has FSOC undertaken a thoughtful analysis of one category of nonbank companies, but not another?