For every dollar they must spend on compliance, that is money being taken away from research and development.
Editor's note · Context
Fitzpatrick emphasizes the negative impact of compliance costs on small businesses' research funding.
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It is my hope, Mr. Chairman, that we can come together to understand what the FDIC's involvement was in these practices and create a bipartisan solution to ensure that this never happens again.
What procedures have you put in place internally to ensure that examiners are not pressuring regulated banks to deny accounts and access to industries of which they personally disapprove?
We must guarantee that any aircraft that transports our brave men and women in uniform is never turned into a weapon and our troops into helpless victims.
As Members of Congress, our first constitutional duty is to provide for the safety and the defense of our country.





