"We don't feel too protected. And ever since you joined the CFPB, your agency continues to add burdensome requirements."
"This out-of-touch rule will only build on these issues."
"This is a hard time for small business. And the Section 1071 rule is an attack on Main Street America."
"Do you think it eases it?"
"As a small business owner and auto dealer, I have dealt with the supply chain challenges firsthand."
"Treasury has the ability to alleviate this financial burden on small businesses and provide relief through Section 473 of the Internal Revenue Code."
"This is not a partisan issue. It literally is going to save Main Street."
"This proposed rule goes beyond the simple statute and lacks clarity on compliance guidelines."
"When talking to business owners back in my district... they have expressed their frustration."
"Well, ask them to do that because it is bipartisan. There are people in here who have all agreed this needs to be done."
"This will impact 32 million small businesses that will be expected to comply come 2024."
"Madam Secretary, what action is Treasury taking to educate small businesses like mine in Texas on their upcoming obligations?"