On the recordMarch 17, 2015
If we want to help you and the $60 million banks and the billion-dollar banks and the banks under $10 billion and we legislate such that we cover $50 billion banks, why don't we just repeal Dodd-Frank?
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congress.govIf we want to help you and the $60 million banks and the billion-dollar banks and the banks under $10 billion and we legislate such that we cover $50 billion banks, why don't we just repeal Dodd-Frank?
Green argues that legislation aimed at small banks may inadvertently aid larger banks.
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I am not ashamed to say it. I am not ashamed to associate myself with you or with the President.
Friends, we have empirical evidence indicating that there is a need for us to give some additional assurances that we won't have another Silicon Valley Bank.