10/06/2021
https://www.congress.gov...
"I share that view, but rather than trying to guess what the right number is, because, frankly, I do not think $75 billion is the right number either."
"There are direct costs of compliance, and then there are all the indirect costs of a reduction in innovation and dynamism that comes when regulators have the power to run these financial institutions ..."
"Congress did this in an immense rush, and I do not think it was a very thoughtful solution."
"Credibility has to be established, and as we do that, of course, we will make mistakes."