On the recordApril 30, 2024
Can you express with full confidence that all banks above $50 billion in assets have access to sufficient liquidity to guard against unexpected deposit overflows from uninsured depositors?
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congress.govCan you express with full confidence that all banks above $50 billion in assets have access to sufficient liquidity to guard against unexpected deposit overflows from uninsured depositors?
David Scott inquires about liquidity access for large banks.
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Congressman Frank Lucas and I raised concerns with how this move could impair market liquidity and hinder the SEC's core mission to maintain fair, orderly, and efficient markets.
I remain deeply concerned that this will further diminish the credit capacities and weaken the economic conditions of our American people.