Political Quotes

On the recordJune 5, 2012
I fought to have included in Dodd-Frank a provision, Section 165(h), requiring all banks with over $10 billion in assets and all nonbank financial firms supervised by the Fed to have a separate risk committee that includes at least one 'risk management expert having experience in identifying, assessing, and managing risk exposures of large, complex firms.'
Said by
Chuck Schumer
Democratic · New York

Editor's note · Context

Schumer discusses the importance of risk management committees in large banks under Dodd-Frank.

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