Michael S. Barr: “The report that we released suggests that both the Board in Washington and the San Francisco Fed did not hold up the…”

Community banks are exempt from this proposal. It only covers the top 37 banks in the country.

The answer is that the Biden Administration allowed this to happen by pursuing a policy of weakness and appeasement that allowed Iran to finance this invasion.

We are playing right into China's strategy.

I personally oppose it quite significantly. I think it is, I would use a technical term, 'dumb,' the way they describe their rule.