On the recordMarch 23, 2015
Mr. Frank indicated it was never his intention or the intention of Congress to draw into their net of regulatory oversight all of the mid-size banks.
Source
congress.govMr. Frank indicated it was never his intention or the intention of Congress to draw into their net of regulatory oversight all of the mid-size banks.
McHenry references Frank's intent regarding Dodd-Frank's regulatory scope.
Share & report
More from Pat McHenry
There is a critical need for comprehensive economic analysis of the rules you have proposed.
FSOC's purpose is straightforward: to identify risks that could impact our financial stability; to promote market discipline by eliminating expectations of bailouts; and to respond to emerging threats.
This should be a bipartisan process, and I intend it to be, so please share your input.
Digital assets are no longer a new technology. They are used all over the world, and America has always led technology invention.