01/18/2021
https://www.congress.gov...
"It is important for the IRS to make sure that their tax administration is fair."
"There were considerations on both sides, and a decision was made to include Fed deposits."
"And the decision was made at the time that the leverage ratio is not our main capital tool, but a backup capital tool that is intended to, in a crude kind of way, base capital requirements on the over..."
"This administration and Secretary Yellen are not just ignoring our Committee but they are also ignoring... America's main street businesses."