On the recordJuly 14, 2014
ABA supports H.R. 4986, introduced by Representative Luetkemeyer, which directly solves the problem created by Operation Choke Point.
Source
congress.govABA supports H.R. 4986, introduced by Representative Luetkemeyer, which directly solves the problem created by Operation Choke Point.
Support for legislation addressing issues caused by Operation Choke Point affecting banks.
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What you are saying is that when you raise taxes, to the extent that the individual or small business cannot even pay it, it will force them out of business.
I think we need to have a plan in place so it doesn't take several months like it did with Russia.
For the last several years it has been a regulatory onslaught for them, and part of it is banking regulation, which makes it difficult to get access to credit.
I was in the banking business for 35 years and I, for the life of me, cannot understand how you could have an insurance company that is systematically important.