Political Quotes

Ted Budd: “I am concerned that requiring banks to hold more capital than appropriate will unnecessarily increase costs for…”

On the recordApril 9, 2019
I am concerned that requiring banks to hold more capital than appropriate will unnecessarily increase costs for consumers and reduce bank investments in important areas such as cyber security.
Said by
Ted Budd
Republican · North Carolina

Editor's note · Context

Budd expresses concern about high capital requirements impacting consumer costs and bank investments.

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