The President stated in his Executive Order 13653 on improving regulations, and regulatory review and our regulatory system should promote economic growth.
Editor's note · Context
Bachus emphasized the importance of the President's executive order for economic growth.
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But in fact in 4 it says, documents sufficient to identify payment processors or merchants or clients that experienced a return rate of 3 percent or greater in any 1-month period.
Thank you for the billions of dollars' worth of refunds that you have gotten for the American people. I do appreciate that.
However, my continued concern is that the program threatens to dry up legitimate sources of credit and financing.
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…





