Isn't it also the case, I ask the Senator, that in the mid-1990s, when a number of banks were complaining about the regulatory burden associated with CRA, Secretary Rubin undertook a major effort to address the question of regulatory burden and made very substantial changes in the requirements, which were greeted by the various banking associations at the time as being very forthcoming in dealing with this question of overregulation?
Discussing regulatory changes related to the Community Reinvestment Act during a Senate debate.
Share
More from John Sarbanes
They want to be on the field of their democracy. They want to feel like they have some power within their own democracy.
I hope that today's hearing is the first step in continuing that legacy of strong bipartisan support for the Chesapeake Bay in this Congress.
We would like to thank Rep. Sarbanes for introducing this important piece of bipartisan legislation
It's a national environmental treasure. It's a regional economic engine. It's been one of my top priorities since I've come to Congress.
Other voices in this conversation
