Political Quotes

Sean Duffy: “So when there is a conflict between what the directive of Congress was and then its interpretation by the Fed, FSOC will…”

On the recordMarch 13, 2013
So when there is a conflict between what the directive of Congress was and then its interpretation by the Fed, FSOC will go forward with the interpretation of the Fed, as opposed to what Congress has specifically delineated in Dodd-Frank.
Said by
Sean Duffy
Republican · Wisconsin

Editor's note · Context

Duffy expresses concern over the Fed's interpretation conflicting with Congress's intent.

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