Tim Scott actually said...

"the SIFI threshold is too low, it appears, and we are making regional banks act like and think like and hire like it is a G-SIB."

"the Basel and Dodd-Frank standards that come with the SIFI designation is like a tax on labor and capital."

"Securities regulation should be sensible."

"Thank you also for holding this hearing today and talking about the number of bills that we have that could be very important to the investors and, frankly, to building a healthier economy long-term i..."