I think it was interesting that when we had the former author of the bill, Mr. Frank himself, in this committee a little over a year ago, he indicated that the SIFI situation has gone well beyond the intent of what he and his coauthor, Mr. Dodd, had intended.
Luetkemeyer reflects on Frank's comments about the SIFI situation exceeding original legislative intent.
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That is not a request by a letter. That is in the law that Congress passed. She is supposed to show up.
In response to the outbreak of the Korean War in 1950, my fellow Missourian, President Harry Truman, signed a law intended to ensure that our nation would have sufficient industrial resources to meet our national security needs.
You ignore the advice from the report that you actually requested and paid for from the accountants.
I can tell you I was part of the group that put the PPP program together. And I can tell you I was very strenuous in my concerns about allowing the fintech companies in.
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