Political Quotes

Virginia Foxx: “I think that is a waste of time and money, but is there anything that can be done to get the regulators to stop focusing…”

On the recordMay 23, 2023
I think that is a waste of time and money, but is there anything that can be done to get the regulators to stop focusing on process and start looked at deficiencies, noncompliance, and other risks in a bank's operations, so we stop the failures that are occurring?
Said by
Virginia Foxx
Republican · North Carolina

Editor's note · Context

Foxx questions the focus on regulations instead of addressing bank operational risks.

Share

More from Virginia Foxx

Jun 26, 2026

It sounds like a good idea to me. We should.

huffpost.com
Jun 7, 2026

"The formative years of a child’s life are meant to help build skills and develop an intricate understanding of the world around them – those years are meant to be spent far from screens. Parents who seek to instill independence in their…

blakemoore.house.gov
Dec 1, 2025

I rise to recognize Mr. Scottie Cook, a career and technical education teacher in the Alexander County School System. In September, Mr. Cook was recognized as a winner of the Harbor Freight Tools for Schools Prize for teaching excellence…

govinfo.gov
Jun 13, 2026

Nobody should ever sign a discharge petition if you’re in the majority. It is a mistake.

washingtonexaminer.com

Other voices in this conversation