On the recordJune 21, 2016
This all goes back to monetary policy from the standpoint that rules and regulations are strangling our economy so that people can't participate in the economy.
Source
congress.govThis all goes back to monetary policy from the standpoint that rules and regulations are strangling our economy so that people can't participate in the economy.
Luetkemeyer argues that regulations hinder economic participation and impact people's lives.
Share
More from Luetkemeyer
CECL is something the Fed will have to enforce, as you all know, and you and I have spoken with other members as well about this, what I regard as a terrible accounting standard.
It seems as though your Agency has taken on a different mission, that you seem to be pushing an ESG agenda.
The concern that we have, though, is that there is a rubber stamp effect with FSOC with regards to insurance SIFIs.
We are in the middle right here of a really disastrous situation with Ukraine, and part of the approach to corralling the Russian advance there is on the financial side.