But instead of calling these firms systemically important financial institutions or SIFIs, I think what we should call them is what we all know they are and what the market calls them as well, and that is too-big-to-fail institutions.
Capuano criticizes the term SIFIs, arguing it obscures the reality of too-big-to-fail banks.
Share & report
More from Michael Capuano
Mr. Chairman, we know exactly how to end a person's homelessness: You provide her with a home.
I think it is important for us all to understand that we are talking about something that has a huge benefit to those of us that live in rural populations and, again, benefits the urban centers so they can get across those rural areas.
It seems to me that today's subcommittee hearing shows that we are well past the point of glossing over the problem and, again, saying the taboo words 'all options are on the table.'
Other voices in this conversation
