Donald John Trump

“ The existence of OLA, however, may encourage excessive risk taking by creditors, counterparties, and shareholders of financial companies, because section 210 (n) of the Dodd-Frank Act, 12 U.S.C. 5390 (n) , also created an Orderly Liquidation Fund (OLF) in the Treasury of the United States that is authorized to use taxpayer funds to carry out OLA liquidations. While any losses incurred from the use of the OLF are ultimately supposed to be covered by assessments on other financial companies, taxpayer money may always be at risk. ”

“ Thus, it is critical to understand OLA's full contours and acknowledge the potentially adverse consequences of its availability and use. If OLA's availability creates a significant risk-taking incentive, for example, the Secretary may be unable to make determinations justifying its use, as required by section 203 (b) of the Dodd-Frank Act. ”