On the recordMarch 23, 2015
If you change the standard for people like Linda and Mark, what could happen is they could be priced out of the market because the fees are going to eat up all their money.
Source
congress.govIf you change the standard for people like Linda and Mark, what could happen is they could be priced out of the market because the fees are going to eat up all their money.
Stivers warns about potential negative impacts of changing fiduciary standards on small investors.
Share
More from Steve Stivers
I think that speaks to the fact that as policymakers, we have been very reluctant to do targeted relief to specific industries.
Thank you for your steady hand of leadership during these very turbulent times.
I claim time in opposition, although I am not opposed to the amendment. The Acting CHAIR. Without objection, the gentleman from Ohio is recognized for 5 minutes. There was no objection.
I hope we get as many people sheltered in the short term as possible, but we absolutely need to use this hearing to discuss more solutions to address homelessness for the long term.