On the recordJuly 24, 2012
And I think this is a problem not of the regulators but of the private sector--and of the British, because this was a British association.
Source
congress.gov“And I think this is a problem not of the regulators but of the private sector--and of the British, because this was a British association.”
Frank emphasizes that the issue lies more with the private sector than regulators.
Share
More from Barney Frank
People around the world have learned they can claim asylum and remain in the U.S. indefinitely to pursue their claims.
Fannie Mae and Freddie Mac do very good work, and they are not endangering the fiscal health of this country.
We should have made it much higher, $125 billion or more, and we should have indexed it.
I urge staff to pay close attention to the differences in products offered by nonbank institutions and to be mindful of Congress's intent in financial reform that State consumer protection laws be preserved to the extent possible.
Other voices in this conversation