Frank Lucas: “I am concerned that the proposed rule would unnecessarily harm a significant number of community financial institutions.”

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

Thank you, Mr. Chairman, and thank you, Ranking Member, for holding this hearing, and the witnesses for agreeing to testify.

Folks back home are always very concerned about inflation and the period we have gone through lately.

Before I yield to my colleague from Michigan, I yield myself such time as I may consume. Madam Speaker, this is a process that combines two good pieces of legislation. This is a process that takes what we successfully did in…