On the recordMay 7, 2012“The regional Federal bank presidents are picked by bankers. It is an extraordinary power that the FOMC has, and I think everyone agrees.”Said byBarney FrankDemocratic · MassachusettsSourcecongress.gov
Jul 7, 2015“The power to recommend avoids the 'too-big-to-fail' stigma that some have associated with the designation of individual companies.congress.gov
Jul 11, 2016“They shouldn't lose their tax-exempt status but neither should they be able to go for a Federal grant as they would be under this bill.congress.gov
Jul 8, 2015“I think that on the heels of what we have just seen in South Carolina, where we are eliminating symbolism, it seems to me that we have an opportunity to actually get into the invidious discrimination that still takes place.congress.gov