No one imagined that the regulators would draft rules that discriminate against stay-at-home spouses.
Spencer Bachus: “No one imagined that the regulators would draft rules that discriminate against stay-at-home spouses.”
Editor's note · Context
Bachus criticizes regulations that unfairly impact stay-at-home spouses' credit access.
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More from Spencer Bachus
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…
My Democratic colleagues have said they want to wrap this up. So let me just simply say to you that this is having the effect of shutting down these companies, whether that was intended or not.
Those left on the short end can often be the people who have the greatest difficulty in getting any credit at all.
In this economy, the last thing we need is to make it harder for businesses to operate and employ workers, and by that I mean legitimate businesses.





