I would like to yield to any of my Republican colleagues who will tell me why during this process they never moved to require bankruptcy as the way of dealing with failing banks. If bankruptcy is the only way to do it, why have the Republicans never proposed that we substitute for the current FDIC proposal bankruptcy? Well, I'm used to being unanswered when I ask hard questions. I think that proves the point. I will yield to the gentleman from Texas.
The speaker is questioning the lack of Republican proposals for bankruptcy as a solution for failing banks.
Share
More from Barney Frank
No one doubts that if a change in administration comes and the new President disagrees with the existing Director, he or she can be removed.
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.
Well, I--look, there are people who think Elvis is alive, but I don't think that's accurate.
the very vitality of America's free enterprise economy is rooted in property rights, and without them, capital can't make wise investments.
Other voices in this conversation
