On the recordFebruary 7, 2022
By that same notion, you would like to have a single regulator at the Federal level for all financial institutions.
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congress.govBy that same notion, you would like to have a single regulator at the Federal level for all financial institutions.
McHenry discusses the need for a single federal regulator for financial institutions.
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Just because I put the obligation on a colleague, to put an obligation on you, doesn't mean that you are not obligated.
I believe there is common ground between your proposal and the Data Privacy Act that this committee passed earlier this year.
I want to thank this bipartisan panel for all proposing bipartisan solutions.
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.