On the recordFebruary 7, 2012
That exception that you are creating swallows the rule entirely.
Source
congress.govThat exception that you are creating swallows the rule entirely.
Fincher criticizes the proposed exemption from regulation as overly broad.
Share
More from Stephen Lee Fincher
I think my friend from South Carolina, the gentleman, is out of order. This is regular order. We are moving on as procedure.
We support a risk-based capital system for credit unions that would reflect lower capital requirements for lower-risk credit unions.
I am pleased that we are holding this timely hearing to examine what can be done to combat terrorist financing in the developing world.
Weak financial institutions in the developing world are breeding grounds for corruption that can be exploited by terrorists.