Frank Lucas: “since the Biden Administration could not successfully implement its climate agenda through Congress... it has turned to…”

The Basel Committee on Banking Supervision is the primary global standard-setter for prudential regulation of banks.

I have no further requests for time, and I am prepared to close once the gentlewoman from California closes.

You have reiterated how Members of the Board would like to see a revised Basel proposal put out for public comment.

I thank the chairman for yielding. Mr. Speaker, I support this bipartisan CRA to overturn the SEC's Staff Accounting Bulletin 121. SAB 121 has removed a bank's ability to offer custodial services for digital assets and has prevented banks…