On the recordMarch 19, 2012
The anger that my constituents have of the cost at the pumps is very real.
Source
congress.govThe anger that my constituents have of the cost at the pumps is very real.
McHenry expresses concern over constituents' frustration with fuel prices.
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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.
I urge Chair Gensler to abandon this regulatory power grab and return his focus to the statutory role of the SEC.
under the current leadership, we have seen FSOC expand its regulatory reach to fit the Administration's political priorities.