If we allow this to occur, we will end up with a system of significantly fewer banks serving significantly fewer customers. Those who will likely bear the burden of this new banking system are those at the lower end of the economic spectrum, both individuals and businesses.
Michelle Bowman: “If we allow this to occur, we will end up with a system of significantly fewer banks serving significantly fewer…”
Editor's note · Context
Bowman warns against complex regulations harming smaller banks and customers.
Share
More from Michelle Bowman
I had technical difficulties. Had I been present, I would have voted ``nay'' on rollcall No. 232. PERSONAL EXPLANATION
I thank the CBC for putting together this Special Order hour. I just want to start out by saying this is not just a CBC issue. We need the Tri-Caucus to be involved in this issue, and we need the Tri- Caucus to be speaking out on this…
Last Sunday, May 14, marked the 1-year anniversary of the horrific mass shooting in Buffalo, New York. America can only move forward if we acknowledge what is killing us in droves--white supremacist extremism. Congress needs to lead and…
We should all be outraged by the murder of Sonya Massey, an unarmed 36-year-old mother of two who was killed in her own home, clearly struggling with mental illness. The police officers did not know how to respond. They threatened to shoot…