On the recordJune 25, 2012
Stricter or more costly?
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congress.govStricter or more costly?
Questioning the implications of strict regulations on costs for businesses.
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More from Pat McHenry
I want to thank the ranking member, and I want to thank the Democratic Financial Services Committee staff for working with the Republican staff on this matter.
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.
When do you think we will have a proposed rule to rescind the CDD requirement?