Political Quotes

Tim Scott: “In Section 1022 of Dodd-Frank, it states plainly that the Bureau, by rule, may conditionally or unconditionally exempt…”

On the recordApril 6, 2016
In Section 1022 of Dodd-Frank, it states plainly that the Bureau, by rule, may conditionally or unconditionally exempt any class or covered persons, service providers, or consumer financial products or services from any provision of this title or from any rule issued under this title.
Said by
Tim Scott
Republican · South Carolina

Editor's note · Context

Tim Scott references Dodd-Frank's provisions on exemptions for financial services.

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