On the recordMarch 6, 2018
if I could ask the Senator a question--we may come back for a more formal colloquy at some point. We are working on some additional language to further reinforce this point. I thank the chairman for his good work on this bill. I am thankful for the fact that the legislative Record will reflect at least this short conversation and other speeches and conversations which recognize that a consolidated balance sheet of foreign banks, if they only have $100 billion in assets in the United States but $1 trillion in total assets, will still be subject to the enhanced prudential standards. Again, I thank the chairman and look forward to continued debate.





