On the recordMarch 9, 2020
In terms of safety and soundness, you are mitigating customer harm from the previous regime. That is positive.
Source
congress.govIn terms of safety and soundness, you are mitigating customer harm from the previous regime. That is positive.
McHenry acknowledges improvements in customer safety since the previous banking regime.
Share
More from Pat McHenry
When do you think we will have a proposed rule to rescind the CDD requirement?
I believe there is common ground between your proposal and the Data Privacy Act that this committee passed earlier this year.
Our national security tools must be balanced with the protection of small business owners' privacy rights.
That is why House Republicans will pass a resolution this week to protect small businesses' access to affordable credit by rescinding this burdensome and overly-complex rule.