The introduction of the new Basel III rule would be disastrous for our primary job creators.
Editor's note · Context
Warning against potential negative impacts of new banking regulations on small businesses.
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Small businesses do not have the resource to hire compliance officers, lawyers, or lobbyists to ensure that they understand and have their voices heard.
Industries like construction are particularly affected, with the projection showing the need for over 500,000 additional workers annually.
This important legislation will hold these fraudsters accountable, and I urge my colleagues to support it. Mr. Speaker, I reserve the balance of my time.
I urge my colleagues to support this commonsense legislation, and I yield back the balance of my time. The SPEAKER pro tempore. The question is on the motion offered by the gentleman from Texas (Mr. Williams) that the House suspend the…





