I am concerned that the hard-earned economic recovery, which came as a result of policies and reforms put in place by President Obama, Democrats in Congress, and the Federal Reserve, will be undermined by the reckless and misguided policies of this President and our Congressional Republicans.
Waters expresses concern over potential negative impacts of current policies on economic recovery.
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House Republicans have put forward proposals that only exacerbate the problem.
Thank you, Mr. Chairman, for your consideration on this effort, and I am looking forward to it.
But, if anything, this rule should increase competition by ensuring that the largest companies are not able to leverage their size and data to unfairly crowd out smaller companies.
I have long raised concerns about Big Tech's expansion into financial services.
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