On the recordJuly 22, 2015
when we add this additional layer of regulation on institutions that are not individually systemically risky, we actually increase the risk that we will have a widespread problem.
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congress.govwhen we add this additional layer of regulation on institutions that are not individually systemically risky, we actually increase the risk that we will have a widespread problem.
Toomey emphasizes that more regulation can lead to greater systemic risk.
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