Sen. Mark Warner on Dodd-Frank, Community Bank Relief

The transcript discusses potential areas for bipartisan collaboration on regulatory relief, focusing on consumer agency leadership and banking standards. It debates the implications of Title One and Two, emphasizing the importance of resolution plans for large banks. The conversation also covers capital standards, comparing U.S. and European approaches, and highlights future negotiations on Dodd Frank legislation.

What is one area where Democrats and Republicans might collaborate according to the speaker?

• Expanding healthcare coverage

• Providing relief for community-based banks

• Increasing military spending

• Reducing taxes for large corporations

What is the purpose of Title One and Title Two in the context of banking regulation?

• To promote international trade

• To increase interest rates

• To provide a process for orderly liquidation

• To reduce the number of banks

Why does the speaker believe having resolution plans for large banks is important?

• To promote foreign investment

• To reduce the number of bank employees

• To ensure banks can resolve themselves during a crisis

• To increase bank profits

What is the speaker's stance on American capital standards compared to European standards?

• American standards should be lowered to match European standards

• American standards have made the banking industry safer

• European standards should be raised to match American standards

• American standards are too high and should be reduced

What potential impact does the speaker mention regarding Deutsche Bank's financial issues?

• It could lead to a decrease in international tourism

• It could lead to a financial crisis in Europe

• It could increase global oil prices

• It could result in higher taxes in the US