Michael S. Barr: “I share your outrage about it. I just want to make sure we get to the facts.”

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

We are playing right into China's strategy.

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.

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