On the recordApril 8, 2019
How do we change CRA to actually meet something that was not contemplated at the time?
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congress.govHow do we change CRA to actually meet something that was not contemplated at the time?
McHenry questions how to adapt the CRA to modern banking realities.
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it was easier just to watch the Senate do that hearing rather than to hear the second day of the same testimony.
When do you think we will have a proposed rule to rescind the CDD requirement?
Of course. I will always work with the ranking member and her members to ensure votes are cast as a member intends.
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.