I would say if we eliminated the 10-basis points on top of guarantee fees today for payroll tax, that would go a long way, too.
Editor's note · Context
Posey suggests reducing fees to help alleviate financial burdens.
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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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