Congresswoman, we have adequate capital, we are fine, we will be able to get through this period. But what we are most worried about is that because of the lack of good management in these banks, and the failure of the regulators, that we are going to bear the consequences as small community banks and regional banks.
De La Cruz shares concerns from community banks about management failures and regulatory issues.
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I hope that today you are hearing the message that the 1071 rule is just simply not working.
I think we can all agree that integrity and accountability are important when it comes to SNAP and other benefits.
As you know, I am on the Financial Services Committee, and I came from that hearing over to this hearing.
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