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Date
Summary
Dem Rep. Gottheimer on SVB: Regulation Rollback Was Not a Mistake (clip)
Subjects
Source
CNN
Name: CNN
URL: http://www.cnn.com/
Show
At This Hour With Kate Bolduan
Name: At This Hour With Kate Bolduan
URL: https://edition.cnn.com/shows/at-this-hour
Persons
Kate Bolduan
, Josh Gottheimer
Name: Kate Bolduan
Employment: CNN
Position: Correspondent
Name: Josh Gottheimer
Employment: U.S. House of Representatives
Position: Representative
Event
Event location
–
Link
–
Original recording
Uploaded
03/15/2023 12:42 am
Owner
Type
Audio
Format
MP3
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Duration
0:00:36
Views
3
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0
Transcript
[[BOLDUAN So even if ░░░░░░░░ was not the driving ░░░░░░░░ behind the bank s ░░░░░░░░ do you think now ░░░░░░░░ voting for that bill ░░░░░░░░ 2018 was a mistake ░░░░░░░░ No because in that ░░░░░░░░ a couple of things ░░░░░░░░ it allowed the Fed ░░░░░░░░ you have more than ░░░░░░░░ billion of assets to ░░░░░░░░ do an annual stress ░░░░░░░░ For some reason the ░░░░░░░░ didn t do that ░░░░░░░░ were doing it every ░░░░░░░░ year so I want ░░░░░░░░ understand why And the ░░░░░░░░ thing is part of ░░░░░░░░ importance of that legislation ░░░░░░░░ ensuring that community banks ░░░░░░░░ be strong so when ░░░░░░░░ Frank was passed it ░░░░░░░░ had all the same ░░░░░░░░ for the biggest banks ░░░░░░░░ Chases of the world ░░░░░░░░ also your community banks ░░░░░░░░ what was happening was ░░░░░░░░ the community banks were ░░░░░░░░ out they were consolidating ░░░░░░░░ selling to the big ░░░░░░░░ and it was going ░░░░░░░░ the opposite effect of ░░░░░░░░ we were trying to ░░░░░░░░ which was getting away ░░░░░░░░ a few banks that ░░░░░░░░ too big to fail.
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