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June 26, 2013 - House Financial Services Full Committee hearing entitled "Examining How the Dodd/frank Act Could Result in More Taxpayer Funded Bailouts."

   Committee Chairman Hensarling opened the hearing with a statement that concluded the Dodd/Frank Act did not ban Too-Big-To-Fail federal bailouts but actually codified them. His views are based on his belief that the designation of financial institutions as Systemically Important Financial Institutions (SIFIs) qualifies the institutions for the use of taxpayer monies in the event they become insolvent.

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