Tim Scott actually said...

Senator Scott, as a small business person, regional banks are a very key player for Main Street businesses.

Principles of risk management are based around the possibilities of loss, and if we eliminate the reality of failure there ends up being no ...

If the Government is always there to intervene and bail out a failing bank, this could promote riskier decisions in the financial sector.

Two tools that work in your toolbox that you do not use does not mean you need a third one.