Political Quotes

On the recordSeptember 18, 2023
What does your research say about the cumulative impacts on credit availability and gross domestic product of the current Biden surge in bank regulations?
Said by
Bill Posey
Republican · Florida

Editor's note · Context

Posey questions Scott about the effects of Biden's bank regulations.

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My questions are answered, Mr. Chairman. I yield back. Thank you.

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As I recall, this committee was told there wouldn't be any bank failures like this if we created the Consumer Financial Protection Bureau (CFPB). I am kind of shocked we are here if the CFPB was doing its job.

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