Mark Warner: “We ought to have a mechanism to allow that entity to go ahead and fail…”

On the recordJuly 27, 2009

We ought to have a mechanism to allow that entity to go ahead and fail and not simply be propped up by taxpayer funds

Said by

Democratic · Virginia

Source

Warner emphasizes the need for a resolution authority in the financial sector to prevent taxpayer bailouts.

More from Mark Warner

Oct 8, 2026

Yes, we have to have federal regulations.

Oct 8, 2026

It’s time for America to move towards universal health care.

Oct 8, 2026

Let’s fight for real change. Let’s get this done and then get to universal coverage.

Oct 8, 2026

We should not restrict that right going forward.

Other voices in this conversation

Mark Warner: “We ought to have a mechanism to allow that entity to go ahead and fail and not simply be propped up by taxpayer funds”