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house Bill H.R. 1841

Loosening Securities Restrictions for (Mainly Big) Banks

Argument in favor

Will help diminish unnecessary losses to financial institutions and keep capital flowing to businesses that rely on CLOs for credit.

ScottWalker's Opinion
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09/14/2015
"The problem is this entire regulatory environment.” Read more at http://www.nationalreview.com/corner/414609/two-scott-walkers-eliana-johnson
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JebBush's Opinion
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09/14/2015
"I would beware of regulations in general. I think they need to be thoughtful." Read more at http://www.reuters.com/article/2015/06/09/usa-election-bush-banks-idUSL1N0YV1XK20150609
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Betsy's Opinion
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09/28/2016
Bernie Sanders said this of the bill: "if an institution is too big to fail, then it is too big to exist. Period." By his own logic, the government should be smaller too.
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Argument opposed

Undermines risk protections in Volcker Rule, chipping away at regulatory oversight of the banking industry created post-recession.

BernieSanders's Opinion
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09/14/2015
“If an institution is too big to fail, it is too big to exist and that is the bottom line.” [twitter.com]
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ElizabethWarren's Opinion
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09/15/2015
“to reduce risks to the financial system by limiting banks’ ability to engage in activities other than socially valuable core banking activities.” [nytimes.com]
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DonaldTrump's Opinion
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09/14/2015
"If Volcker is happy with the rule we got, then so am I." [nationalreview.com]
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    "The problem is this entire regulatory environment.” Read more at http://www.nationalreview.com/corner/414609/two-scott-walkers-eliana-johnson
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    “If an institution is too big to fail, it is too big to exist and that is the bottom line.” [twitter.com]
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    “to reduce risks to the financial system by limiting banks’ ability to engage in activities other than socially valuable core banking activities.” [nytimes.com]
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    "If Volcker is happy with the rule we got, then so am I." [nationalreview.com]
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    Yes. Let's trust the big banks again. It's been 7 years and we can't remember that far back in time.
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    "Despite the 2008 meltdown on Wall Street, just five banks still control half the industry's $15 trillion in assets, and not a single executive was ever convicted of a crime. We must reinstate Glass-Steagall, empower regulators to hold law-breakers accountable, and break up big banks before they break us. We need stronger protections for American families, not billion-dollar banks." [martinomalley.com]
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    Never ever should this be done. They are too big & too dangerous for the economy now. NO, NO, NO!!!
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    "I would beware of regulations in general. I think they need to be thoughtful." Read more at http://www.reuters.com/article/2015/06/09/usa-election-bush-banks-idUSL1N0YV1XK20150609
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    Do we trust big money banks to do the right thing? No
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    The big bank bailout was paid off but it put our nation in a precarious position and validated the use of fraud in business. Do I think the big banks learned their lesson and are ready to do business with integrity and an eye on a long strategic process as opposed to shortcuts...No. They've earned their sanctions and regulations based on their behavior and lack of leadership.
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    Hmmmmmmm...I wonder how much the good Congressman was paid to introduce THIS bill. It's so easy to spot a GOP/TP bill before even seeing who the sponsor is.
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    No. Relying too heavily on big banks lending. Leads to more risk. Which makes it more likely the whole system will collapse again like it did in 2008. Banks need to ensure they have enough capital to cover a crisis.
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    Really do you realize that doing this would start another collapse. Last time the collapse happened was because the GLBA was signed with Clinton Administration. This bill deregulated and repealed parts of the Glass Steagull Act. This also ruined the economy and continues to.
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    Big banks should be broken up into regional entities
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    They need to be tightened
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    how would this be a good idea?
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    The digital world is not getting safer so far. Keep them accountable and safe.
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    just repuglicans trying to have the taxpayer bailout the banks again
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    Hell no! We don't need to give big banks less regulation. They need a damn sight more.
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    If anything more stringent regulation is required.
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