Are banking agencies like yours currently required to reject mergers when the resulting bank will be bigger or more complex than our banking rule are set up to handle?
This results in more concentration and higher costs for consumers, and it increases systemic risks for our financial system.
This is a very important Subcommittee, and I am glad to be part of it under your leadership.
Our regulators have a job to do, and it is our job here in Congress to make sure that they do it.
The legacy of Black codes and Jim Crow and redlining still holds back too many communities, and the OCC's rule did not serve CRA's core purp...
What if the banks trying to merge do not receive the highest ratings in their community reinvestment act exams to measure how well they are ...
After years of making payments, they discover that they are not eligible for getting their remaining student loans forgiven.
I have been saying for years that the Department of Education needs to do more to hold all student loan servicers accountable when they brea...
I am fighting to cancel $50,000 of student loan debt so that borrowers who are struggling can get permanent relief.
It is a pretty simple promise that for 10 years, in exchange for you paying your debt each month for 10 years, you would get the rest of it ...
I am glad they are gone.