Barney Frank

We did have a fund, and there has been a fundamental difference between the two parties on whether or not we should assess large financial institutions.

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.

Dodd-Frank actually said that there is no legal authority to use public money to keep a failing entity in business.

Although this does-- there is this myth that somehow the Democrats were pushing for these loans.

I am again very surprised to hear my Republican friends now say our problem is that we have toughened up the standards for banks loaning to people.

I think you may have misunderstood Mr. Sherman because you weren't here.

The problem was not so much that we deregulated as a society, but that we did not have new regulations to keep up with new activity.

I look forward to congratulating you, Mr. Chairman, on a fourth anniversary coming up.

What the law says is you may have to pay some of their debts, as Ronald Reagan recognized in 1984 with Continental Illinois.

I was astonished again--I get astonished a lot these days; I am out of the business.

I think that is a very Marxist analysis.

Republicans immersed themselves in an aggressive unrelenting campaign to repeal, weaken, and pressure regulators.

The Consumer Financial Protection Bureau is up and running, already returning $4.6 billion to 15 million consumers.

Dodd-Frank... provided oversight to Wall Street, gave regulators the tools to end the era of too-big-to-fail entities.

I hope to hear you remind my Republican colleagues about just how close to the brink we came in 2008.

Small businesses account for nearly 85 percent of Ex-Im Bank's transactions.

I would dearly like to have options other than end it or extend it.

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…

In 2010, U.S. Senator Olympia Snowe and U.S. Representative Barney Frank requested that NOAA fund a study.

In 2010, Senator Olympia Snowe and Representative Barney Frank requested NOAA fund a study by the National Academy of Sciences.

It was a great mistake to push lower-income people into housing they couldn't afford and couldn't really handle once they had it.

During the Full Committee markup, Democrats worked with the Majority to amend H.R. 1838 to continue the prohibition of complex swaps employed by AIG with devastating effect.