Barney Frank: “In 2010, U.S. Senator Olympia Snowe and U.S. Representative Barney Frank requested that NOAA fund a study.”

Congress generally, and this subcommittee in particular has historically played a critical role in strengthening accountability at the World Bank.

It was a great mistake to push lower income people into housing they couldn't afford and couldn't really handle once they had it.

It was because they were banking crypto, not because they were insolvent.

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.