we also increased the deposit limit to $250,000, which the community banks wanted.
Barney Frank
The Public Record
I think Main Street is not, and, as you know as Chair of the Small Business Committee while we were writing the bill and as a member of this committee, you added very significant input, and I think we tried very hard to deal with that.
Frankly, if they had done that earlier, they would have saved themselves I don't know how many--in the tens of billions of dollars for noncompliance.
Small businesses account for nearly 85 percent of Ex-Im Bank's transactions.
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.
SIFFY, as with all due respect some people, including on the committee, have pronounced it, sounds like a disease.
It just seems to me a listing of possible horror stories with no indications that there was any significant likelihood of any of it happening.
it just seemed to me a listing of possible horror stories with no indications that there was any significant likelihood of any of it happening. Systemic risks occur not only when people lose money, but when the people who lose money cannot…





