On the recordJuly 22, 2014
I have been very skeptical of them doing that.
Source
congress.gov“I have been very skeptical of them doing that.”
Frank expresses skepticism about designating nonbank institutions as SIFIs.
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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.
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