Andy Barr: “I would encourage FSOC to look at consolidation, industry consolidation, as a problem, because it is exacerbating…”

Just to conclude, we want to avoid eroding the deposit base and starving the private sector of conventional bank financing. The GENIUS Act will not erode the deposit base. It will allow banks to issue and custody stablecoins and…

If we lose this seat in the Senate in Kentucky, we will lose the Senate, and if we lose the Senate, we will lose our country. That is literally what’s on the line.

Economies of scale and big, large financial institutions serve our economy. Community banks serve our economy. Midsize banks serve our economy. Regional banks serve our economy. Super-regional banks serve our economy, and big banks serve…

In the Senate, no one will fight harder to keep the border closed and deport illegals.