GARY G. MILLER: “The problem is the Democratic Republic of the Congo is controlled by warlords and thugs.”

Capital standards need to be set appropriately so they can ensure the safety and soundness of financial institutions without harming the availability of credit to fuel economic growth.

Under the proposed rule, the bank-centric standards will be detrimental to insurance companies.

I enjoyed your opening statement. You talked about empowering consumers, fair, transparent, and competitive marketplaces, and dealing with bad actors.

We certainly need a well-functioning regulatory system, but it should facilitate growth, not stifle it.