On the recordMarch 12, 2019
What worked in the Lyndon Johnson era doesn't really work in 2019.
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congress.govWhat worked in the Lyndon Johnson era doesn't really work in 2019.
Highlighting the need for updates to the Flood Insurance Program.
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I thank the Chair, and I thank the panel for being with us today to continue our investigation of the poisonous culture at the FDIC.
under the current leadership, we have seen FSOC expand its regulatory reach to fit the Administration's political priorities.
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.