On the recordJune 10, 2009
The Republican regulatory reform proposal calls for a return to market discipline and an end to bailouts, government intrusions into business, and the government picking winners and losers.
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congress.govThe Republican regulatory reform proposal calls for a return to market discipline and an end to bailouts, government intrusions into business, and the government picking winners and losers.
Bachus outlines the Republican plan for financial regulatory reform post-crisis.
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However, my continued concern is that the program threatens to dry up legitimate sources of credit and financing.
Does that make what the President did constitutional if it is unconstitutional?
Those left on the short end can often be the people who have the greatest difficulty in getting any credit at all.
Again, I thank the chairmen, the ranking members, and their staff for putting this together. The resolution process for financial institutions is one of the pieces of unfinished business from the 2008 financial crisis, and we will finish…