01/28/2014
https://www.congress.gov...
"As you said, 54 out of the 69 banks that have failed this year were State chartered banks."
"We don't need a super-regulator with many missions, but a single Federal bank regulator whose sole focus is the safe and sound operation of our Nation's banks."
"Community banks did not cause the crisis and they should not have to bear the cost or burden of increased regulation necessitated by others."
"I urge the Congress not to create a 'too-big-to-fail' category of financial institutions, directly or indirectly, either through the regulatory mechanism or by rule."