07/08/2024
https://congress.gov...
"If non-bank lenders become constrained, then guess what? Funding costs will go up."
"Over-regulation of CLOs would be an impediment to financial stability."
"Wow. This is a program that is replete with waste, mismanagement, and poor performance."
"I appreciate the good work that you are doing, despite some of the criticism that you are receiving here today."