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.
Source
congress.govIf 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.
Capuano explains the implications of bank capital requirements in case of a financial crisis.
Share
More from Mike Capuano
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.