On the recordJune 12, 2023
But while this Committee was consumed, and rightly so, by the bank failures, President Biden charged ahead with a progressive wish list of reckless spending, higher taxes, and failed policies.
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congress.govBut while this Committee was consumed, and rightly so, by the bank failures, President Biden charged ahead with a progressive wish list of reckless spending, higher taxes, and failed policies.
Scott criticizes President Biden's budget amidst bank failures.
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I have not seen and heard of an endorsement yet coming out of the White House.
There is still more work to do. We need rules that keep our financial system strong while making sure banks can lend, and our economy can grow.
I have long said that overly complicated capital rules can slow economic growth without making our financial system safer.
In this hyper polarized world that we’re living in, it is so easy for us to make the decision that because you don’t agree with me, you are my enemy.