The private sector is innovating in new ways to meet the needs of all of our consumers, and we should be encouraging our regulators to seek regulatory requirements that fit these advancements, not hinder them.
Advocating for regulatory frameworks that support innovation in the private sector.
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That is why House Republicans will pass a resolution this week to protect small businesses' access to affordable credit by rescinding this burdensome and overly-complex rule.
under the current leadership, we have seen FSOC expand its regulatory reach to fit the Administration's political priorities.
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.
Director Chopra, your leadership is a glaring example of this alarming trend of becoming a hyper-partisan agency.
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