On the recordFebruary 9, 2015
We must not forget that more than 400 banks with less than $1 billion in assets failed as a result of the crisis.
Source
congress.govWe must not forget that more than 400 banks with less than $1 billion in assets failed as a result of the crisis.
Toomey highlights the risks of regulatory changes affecting small banks.
Share
More from Pat Toomey
I think that there are a number of ways that you can go about creating a regulatory regime to take account of that risk.
I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.
Congress can and should offer a sensible approach for the domestic regulation of these activities.