Sen. Perdue: Senators Send Letter to Treasury Secretary Mnuchin Urging End to Financial Stability Oversight Council's 'Too Big To Fail' Policies
March 28, 2017
March 28, 2017
WASHINGTON, March 28 -- The office of Sen. David Perdue, R-Ga., issued the following news release:
Today Senator Tim Scott (R-SC) and nine of his colleagues on the Senate Banking Committee sent a letter to Secretary of the Treasury Steve Mnuchin expressing strong support for the Department of the Treasury to use all tools available to end the Financial Stability Oversight Council's (FSOC) 'Too Big To Fail' policies and to ensure taxpayers are not responsible for any new bailouts. . . .
Today Senator Tim Scott (R-SC) and nine of his colleagues on the Senate Banking Committee sent a letter to Secretary of the Treasury Steve Mnuchin expressing strong support for the Department of the Treasury to use all tools available to end the Financial Stability Oversight Council's (FSOC) 'Too Big To Fail' policies and to ensure taxpayers are not responsible for any new bailouts. . . .