12/09/2009
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."
"While Senator Warren and I differ on the trade approach, I concur she raises an interesting question that I have not fully thought through and think we need to get some answers on."
"I think we had pretty broad agreement from both sides of the aisle that there needed to be this clearer path to de-designation."