Patrick Toomey actually said...

One of the major ways is through the SIFI designations, which I would argue then precipitate the micromanagement of these financial institutions by a host of regulators in what will, in my view, ultimately be a futile attempt to make failure impossible.

Context

Toomey criticizes SIFI designations for leading to excessive regulatory micromanagement.

07/15/2014

https://www.congress.gov...

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