Whether it is asking banks to report account information from their customers to the IRS, or being forced to comply with a 900-page rule coming out of the CFPB on reporting small business loan information, these actions will force banks to divert significant amounts of resources.
Williams highlights the resource strain on banks due to new compliance requirements.
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I think when you go home you can tell them about a committee that actually is getting something done in a bipartisan fashion.
Main Street America has been forced to play defense every day thanks to this administration's regulatory agenda.
I urge my colleagues to vote yes, on both the amendment and the nature of substitute on H.R. 5333 and the underlying bill.
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