Bill Huizenga actually said...

"I do not believe the Fed should be involved, and I don't believe the Financial Stability Oversight Council will be successful, in this macroprudential effort to control systemic risks."

"He believes that it has destroyed liquidity, as well."

"I feel like trying to substitute for excessively low capital minimums with regulation policy is not going to work, and it is a dead end."

"I think it is worthy to explore to what goal and what end we are utilizing that."