I disagree with that. There are numerous studies from the Bank for International Settlements (BIS), which is a widely-acclaimed source. It is neutral, it is not political, and it says that higher capital decreases lending.
Scott argues that higher capital requirements reduce bank lending, citing studies from a reputable source.
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My feeling is Speaker Johnson will not bring this bill to the floor for a vote because it was not written as a serious bill.
Agriculture is extremely important to our rural communities, but it is important to urban communities as well.
The regulatory impact on those hardworking families who provide us food and fiber, building materials, energy resources, I mean, it is a tax.
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