"You know, it is clear that giving regulators power to do something is not always enough. Congress needs to force regulators to use it, which is what Senators Cortez Masto, Hawley, Braun's and my bill does."
"So in its postmortem of the Silicon Valley Bank collapse, the Fed found that legislation passed out of this Committee in 2018, led to weakened rules for big banks that were major contributors to Silic..."
"Congress needs to put in place tough rules that make sure that executives pay up when their actions lead directly to a bank failure."
"We need to strengthen our financial watchdogs' ability to impose fines, ban bad actors from the banking industry..."
"Bank executives who take on too much risk and crash their banks... should not get to ride off into the sunset with their ill-gotten gains."
"Federal law requires Medicare to cover mental health services in both traditional Medicare and Medicare Advantage."
"CMS should increase its oversight efforts to audit health plan directories to ensure they hold MA plans accountable."
"Medicare Advantage plans must be required to meet network adequacy standards for outpatient mental health and substance use disorder care."
"This is the part that just drives me crazy. People look at the regulation, they think, 'Oh, well we are going to be okay, because this is regulated.' But we are not okay if there is no enforcement."
"Okay, so it is a way to defraud consumers, to say you have this really big list of people you could go to if you had a problem."
"So that is one way it is to the advantage of the Medicare Advantage plan, in order to be inaccurate."