Frank Lucas actually said...

They are aimed at ensuring that the regulators don't implement rules that conflict with, or are contrary, to what Congress intended.

Lucas emphasizes the intent of the proposals to align regulations with Congressional intent.

10/11/2011

More Frank Lucas Quotes

It is all going to roll downhill.

since the Biden Administration could not successfully implement its climate agenda through Congress... it has turned to the agencies to impl...

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

As long as it is not contrary to the commitments we have given to the other entities.