01/31/2023
https://congress.gov...
"The American Action Forum did a study in 2014 and found that additional capital requirements on asset managers could cost American retirees at least $100,000 in potential savings accumulation."
"But I guess you would agree that the rule change--"
"But returning them to the Fed for regulation when it may not be their primary regulator, might not be the best way to impress this."
"Every time the government gets in the business of business, it draws some concerns."