Political Quotes

Elizabeth Warren: “Dodd-Frank requires big financial institutions to submit living wills, a plan for how they could be liquidated--and I…”

On the recordJuly 15, 2015
Dodd-Frank requires big financial institutions to submit living wills, a plan for how they could be liquidated--and I want to quote the statute here--``in a rapid and orderly fashion'' in bankruptcy without bringing down the economy or needing a taxpayer bailout.
Said by
Elizabeth Warren
Democratic · Massachusetts

Editor's note · Context

Elizabeth Warren discusses Dodd-Frank's requirements for financial institutions to prepare for potential liquidation.

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