Michael Capuano actually said...

You are going to have to have complex rules to try to catch up--never get ahead, but just to catch up.

Capuano argues that complex financial markets require equally complex regulations.

01/14/2014

More Michael Capuano Quotes

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.

So therefore, you have--I don't know if it is formal or informal--you have no emoluments coming in to anybody at the Federal Reserve.

I cochaired a group looking at public-private partnerships... and we came to the unanimous, bipartisan conclusion that they have a role, and...

Have you told this to the new administration?