On the recordApril 6, 2011
My final question, because I know that we do need to adjourn, concerns the capital reserve ratio.
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congress.govMy final question, because I know that we do need to adjourn, concerns the capital reserve ratio.
Senator Collins raises concerns about the capital reserve ratio and its compliance.
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I was disappointed more than surprised, because it clearly is an end-run around Congress.
Given that this package was sent to Congress very close to the end of the fiscal year when the funds are scheduled to expire, this is an apparent attempt to rescind appropriated funds without congressional approval.