We have financial regulators that are implementing stuff that is even more impactful than trade negotiations.
That lack of transparency and accountability raises concerns about the extent to which other countries are influencing financial regulation ...
That is absurd.
This hearing is a good governance exercise.
When do you think we will have a proposed rule to rescind the CDD requirement?
So, how many companies have filed beneficial ownership information?
Just because I put the obligation on a colleague, to put an obligation on you, doesn't mean that you are not obligated.
The NFIB survey found that 90 percent of small businesses don't even know that this rule exists.
Our national security tools must be balanced with the protection of small business owners' privacy rights.
The Biden Administration has failed to implement Congress' intent.
Nothing would have been different if FSOC had never been created.