On the recordJune 29, 2021
These efforts will just disrupt the supply side by shifting financing for those industries to less-regulated non-bank lenders, drive up the cost of capital, and raise prices for consumers.
Source
congress.gov“These efforts will just disrupt the supply side by shifting financing for those industries to less-regulated non-bank lenders, drive up the cost of capital, and raise prices for consumers.”
Barr argues that proposed financial regulations will harm consumers and disrupt supply.
Share
More from Andy Barr
This legislation protects Kentucky agriculture, safeguards consumers, and establishes a commonsense regulatory framework that allows this important industry to continue to grow while ensuring products are safe and kept out of the hands of…