Political Quotes

Bob Menendez Jr.: “If any single bank's failure can cause contagion that threatens the system, then it seems that the bank should be…”

On the recordMarch 27, 2023
If any single bank's failure can cause contagion that threatens the system, then it seems that the bank should be considered systemically important.
Said by
Bob Menendez Jr.
Democratic · New Jersey

Editor's note · Context

Menendez argues that any bank's failure could impact the entire banking system.

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