What happened when the whole system Went down the big giant banks and Wall street got bailed out. And what did they do? They let hundreds of community banks fail. And Barney Frank admitted later, after they designed Dodd Frank, they said, well, this seems very favorable to the big banks and not too favorable to the small banks. And he literally had, you know, comes, some could say the gall to say it, or just the honesty to say, look, we don't mind if the banking industry gets … (06:23–06:35)
CLAIM
Asserts that Barney Frank admitted Dodd Frank was favorable to big banks over small banks.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
