climate change is real, and we have to break free from the established partisan politics of Capitol Hill.
Editor's note · Context
McHenry emphasizes the reality of climate change and the need to move beyond partisan politics.
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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.
That lack of transparency and accountability raises concerns about the extent to which other countries are influencing financial regulation here in the United States.
Community banks are already struggling under the current regulatory agenda. We should not be adding more burdensome rules.
FSOC's purpose is straightforward: to identify risks that could impact our financial stability; to promote market discipline by eliminating expectations of bailouts; and to respond to emerging threats.





