releases: https://web.archive.org/web/20140801003154/http://www.vitter.senate.gov/newsroom/press/icymi-brown-and-vitter-on-bloomberg-say-gao-report-confirms-too-big-to-fail-alive-and-well
Data license: MIT · Data source: dwillis/congress-press
This data as json
| url | title | date | year | month | party | chamber | state | member_name | bioguide_id | domain | scraper | source | date_source | text | has_text | collected_at | updated_at |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| https://web.archive.org/web/20140801003154/http://www.vitter.senate.gov/newsroom/press/icymi-brown-and-vitter-on-bloomberg-say-gao-report-confirms-too-big-to-fail-alive-and-well | ICYMI: Brown and Vitter on Bloomberg say GAO Report Confirms Too Big To Fail Alive and Well | 2014-07-31 | 2014 | 2014-07 | Republican | House | LA | David Vitter | V000127 | web.archive.org | legacy | ICYMI: Brown and Vitter on Bloomberg say GAO Report Confirms Too Big To Fail Alive and Well Thursday, July 31, 2014 U.S. Sens. Sherrod Brown (D-OH) and David Vitter (R-LA) today discussed the results of a comprehensive study released by the Government Accountability Office (GAO) confirming that Wall Street megabanks have not only received more support from government bailout programs, but enjoy a taxpayer-funded advantage – over community and regional banks – that widens during times of economic crisis. Brown and Vitter requested the report in 2013. Click here to watch Brown and Vitter on Bloomberg. Brown and Vitter are authors of the Terminating Bailouts for Taxpayer Fairness Act (TBTF Act), or Brown-Vitter. Their legislation would ensure that financial institutions have adequate capital to protect against losses. Specifically, the TBTF Act would: • Set reasonable capital standards that would vary depending on the size and complexity of the institution; • Limit the government safety net to traditional banking operations; and • Provide regulatory relief for community banks. Provide regulatory relief for community banks. | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |