04/25/2023
https://www.congress.gov...
"the LCR creates disincentives for banks to accept business deposits. Isn't this at odds with the centuries of accepted banking practices accepting deposits from customers?"
"From my perspective, the average small employer with 20 employees or less doesn't have the time or the inclination to invest in this process."
"Actually, they created the most onerous regulatory State in the history of our country."
"I would suggest that the numbers themselves bear out the fact that perhaps the anemic recovery is not a recovery for those folks working paycheck to paycheck."