Barney Frank: “Municipal securities almost never default.”

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

For example, there are key differences in product characteristics between payday, car title, and other high-cost secured loans and more traditional closed-end unsecured lending and related products, and the products are often regulated…

the single-biggest issue that we dealt with in Dodd-Frank.

Yes, I was frankly struck that Mr. Labrador went to such great pains to deny this.