05/25/2021
https://www.congress.gov...
"The financial crisis of 2008 was global in nature and taught us that systemic risk does not respect geographic borders."
"I do not think when we created the notion of SIFI that there was the 'Hotel California' concern that once you check in you can never check out."
"Now, given the size of our Nation's backlog on transit maintenance, which stands, as you said, at over $86 billion, growing at about $2.5 billion annually, it is unrealistic to think that we are going..."
"There ought to be some level of common standards."