Political Quotes

Mike Capuano: “If anything happened and I went to that bank and there was a run, I could only get 6 of my dollars back based on those…”

On the recordFebruary 14, 2017
If anything happened and I went to that bank and there was a run, I could only get 6 of my dollars back based on those capital requirements.
Said by
Mike Capuano
Democratic · Massachusetts

Editor's note · Context

Capuano explains the implications of bank capital requirements in case of a financial crisis.

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But it is also worth noting that to the American people, it was Democrats under the sterling leadership of our Ranking Member, Ms. Maxine Waters, who has been fighting and been our protector on many of these issues.

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Mike Capuano did a great job, got it in the bill.

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