Michael S. Barr: “a bank's board and the bank's management is in a much better position to ascertain the reputational risk of that bank…”

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.

I think it saved a lot of small businesses, households, community banks, and regional banks from a kind of contagion.

I believe that it should be the sense of Congress that the policy of the United States is to prevent from Iran from obtaining a nuclear weapon by all means necessary.