On the recordDecember 3, 2019
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.
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congress.govLuetkemeyer: “CECL is something the Fed will have to enforce, as you all know, and you and I have spoken with other members as well…”
Editor's note · Context
Luetkemeyer criticizes the CECL accounting standard and its enforcement by the Fed.
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