On the recordJune 23, 2014
It was not his intent that asset managers be designated for heightened prudential standards or supervision by the Federal Reserve Board because they do not pose a systemic risk.
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congress.govEditor's note · Context
Barney Frank clarified his stance on asset managers and systemic risk.
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More from Barney Frank
Jul 22, 2014
Mr. Frank. Mr. Garrett, if it was a serious question, you wouldn't ask it with no time left.
Jul 21, 2015
I do think there is a tendency for an overreach by the FSOC. I do not think straightforward insurance companies or money managers should be covered and regulated as SIFIs.
Jul 11, 2016
I was one of three Members of the House who voted against that. Three of us, Ron Paul, Dave Wu, and I voted to allow this bigot to continue to demonstrate his bigotry.
Jun 10, 2015
In 2009, Barney Frank introduced the Consumer Financial Protection Agency Act, which created a five-person board at the CFPB.
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