On the recordMarch 19, 2013
The environment within which the regulators work today should basically encourage innovation and growth rather than to stifle it.
Source
congress.govThe environment within which the regulators work today should basically encourage innovation and growth rather than to stifle it.
Miller discusses the need for regulations that promote growth instead of hindering it.
Share
More from GARY G. MILLER
We certainly need a well-functioning regulatory system, but it should facilitate growth, not stifle it.
I have some real concerns with that. I have had a concern with the definition between subprime and predatory for years, and I am glad to see we are going to finally deal with it.
Credit unions have done a great job reaching middle-class and underbanked families through credit.
Yet, by requiring this Davis-Bacon mandate, we are beating up the price of apartments and condos and townhomes by 20 to 25 percent.