Barney Frank actually said...

The swipe fee thing was a present to America from the United States Senate.

Frank criticizes the Senate's role in the swipe fee issue, stating it wasn't part of their bill.

10/05/2011

More Barney Frank Quotes

My biggest problem with the regulators, frankly, is they are equating the two kinds of mortgages.

I do think that the complexity issue of the Volcker Rule and the push-outs help.

I do think there is room for subtlety in that, but I don't think Glass-Steagall does it.

The incentive became to make a quantity of loans and not quality.