Rep. Frank wants U.S. to accept TARP repayments

U.S. Rep. Barney Franks says that the government should welcome banks who want to pay back TARP funds. He told Reuters that "To the extent that we have people pay it back, we should welcome that. It goes into the Treasury."

He also gave an interview to the Financial Times saying that the stronger banks should be allowed to pay back TARP funds. He knows that "some people are taller than other people. Of course there are different levels of strength between the banks.” He dismissed opposing arguments that by allowing the stronger banks to return TARP funds they will have a competitive advantage and therefore banks shouldn't be allowed to return funds until the banking system is much stronger.