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.
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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.
There are those who say that trade deficits don't have a harm. They lead to hollowed-out manufacturing, which leads to manufacturing towns where you have opioids, alcoholism, and votes for Donald Trump.
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