On the recordDecember 14, 2011
We are opposed to incompetent regulation. We are opposed to the kind of regulation that would not allow, for example, the systemic risk regulation of the GSEs.
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congress.govEd Royce: “We are opposed to incompetent regulation. We are opposed to the kind of regulation that would not allow, for example…”
Editor's note · Context
Clarification that Republicans seek competent regulation, not opposition to regulation itself.
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