if you take taxpayer money, you are subject to a higher form of oversight and accountability.
Sean Maloney
The Public Record
I would like to ask Mr. McClain and Mr. Thompson to respond to a bill that I have put forward called the Money Services Business Act.
I would be willing to work with you on this idea of a Federal regulator down the street at another time.
FISCA supports the introduction of a legislative solution designed to relieve banks of excess regulatory burdens in serving our industry.
I think it is all very important. We really need to help the unbanked in many ways.
We applaud the subcommittee's goal in ensuring that remittances remain accessible and affordable.
It's regrettable that a dangerous and totally unrelated provision was added to a very important consumer protection bill, and you should not pass a consumer bill in the barrel of a gun. It is really wrong but that's the way the system was.
It's regrettable that a -- a dangerous and totally unrelated provision was added to a very important consumer protection bill. And you should not pass a consumer bill in -- in the barrel of a gun. It is really wrong, but that's the way the system was.
What proportion of the AIG counterparties would have faced bankruptcy, without Federal bailout of AIG?





