On the recordFebruary 15, 2011
The FCIC has fallen well short of unity. In fact, it was no Pecora.
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congress.govThe FCIC has fallen well short of unity. In fact, it was no Pecora.
McHenry criticizes the lack of consensus in the Financial Crisis Inquiry Commission's report.
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The agencies have met to discuss how to make progress on the Section 956 rulemaking.
If the laws are to be changed, it needs to be done by legislation, by lawmakers who represent the people.
It is clear that if changes are not made, Congress must act to delay the rulemaking's effective date.