They didn't understand that, didn't understand that when they wrote Dodd Frank. So again, this has been once again The response from government, the response from Congress in writing the Dodd Frank law, the response by regulators and then the auditors has been a complete failure. It's really putting our economy and our democracy at risk. These bank failures should be concerning everybody. I mean, what's the next shoe that's going to drop. (13:22–13:33)
CLAIM
Asserts that the responses to banking regulations and audits have been failures.
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.
