Political Quotes

On the recordDecember 14, 2011
They use the fact that because of them it is all coming from the taxpayer as a reason not to fund it adequately.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Frank criticizes Republicans for not adequately funding regulatory bodies.

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The power to recommend avoids the 'too-big-to-fail' stigma that some have associated with the designation of individual companies.

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

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Jul 7, 2015

FSOC's power to recommend more stringent regulation of specific activities and practices has distinct public policy advantages over its power to designate individual companies.

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

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