And the Enhancing Bank Resolution Participation act, which simply seeks to bring more qualified bidders into failed bank resolutions when disaster strikes. Better oversight and broader participation can protect depositors. It's going to promote competition. It reduces further concentration in the banking system. And I would think, Mr. Speaker, we would want that. But it appears that some on the other side do not. (01:11–01:17)
CLAIM
Asserts that better oversight and broader participation can protect depositors.
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