We have heard from businesses that are concerned that some Dodd-Frank regulations will actually inhibit their ability to manage risk.
Editor's note · Context
Lucas notes businesses' worries about Dodd-Frank hindering risk management.
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As you know, the House will vote this week on a Congressional Review Act resolution of disapproval to the CFPB's rule on small business lending, led by my colleague, Chairman Roger Williams.
We have a responsibility to not only our constituents, but the international community to see that Artemis is executed in a timely and fiscally responsible manner without sacrificing safety.
This is something that has been in the works really for a decade, and the U.S. prudential regulators have put out a proposal that really gold-plates compared to what the Europeans are doing.
We would suggest, Director, that with the vote in the United States Senate and the efforts of Chairman Williams here in the House, Congress is going to send a very clear signal to you about how to address these issues.





