These rules, I will admit are a responsible request from this Congress, from Dodd-Frank, but Section 619, in my opinion, will be a self-inflicted wound on this country, its economy, and its financial markets.
McHenry warns that Section 619 will harm the economy and financial markets.
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The NFIB survey found that 90 percent of small businesses don't even know that this rule exists.
We need to get to the bottom of whether or not this is a supervisory problem, a regulatory problem, a bank mismanagement problem, perhaps all three.
We need to understand the decisions that were made last weekend on -- from Thursday until Sunday night...
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