Unfortunately, one of the clear lessons of the financial crisis is that bank regulators set capital requirements too low.
Richard Shelby: “Unfortunately, one of the clear lessons of the financial crisis is that bank regulators set capital requirements too…”
Editor's note · Context
Senator Shelby reflects on past regulatory failures regarding capital requirements.
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I am deeply concerned, however, that the administration's failure to direct the appropriate resources to the crisis at the southern border has resulted in shifting the burden to the Guard.
I remain concerned that the Air Force budget request is insufficient considering the needed modernization across the inventory with a rapidly evolving threat.
Deterrence requires spending our limited resources on both offensive and defensive weapons.
Because the administration has refused to fund the construction of a comprehensive barrier along the border, it has been compelled to send the National Guard to deal with the consequences.





