Michael S. Barr: “In America, a country built on free enterprise and capitalism, it is always better to be on the side of innovation, and…”

Community banks are exempt from this proposal. It only covers the top 37 banks in the country.

Shouldn't this be a more transparent public Board meeting and a deliberative process that includes all members of the Board?

I think congressional oversight is absolutely essential, but I would not pursue the particular legislation that you have described.

We are playing right into China's strategy.