In the course of that visit, I became acquainted with the challenges facing the two countries as we near the time of having to decide whether or not the United States will renew the most-favored-nation status for China. The thing that struck me about my visit to China was that we have made substantial human rights advances in China because of the presence of American business interests there.
Discussing the implications of U.S. most-favored-nation status for China and its impact on human rights.
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We do not make money when we foreclose on customers. It is in our best interest to figure out ways to make loans perform again.
But just because you have the right to do it does not mean it is the right thing to do.
I would urge you to have conversations with whatever 'elves' within the administration you deal with, over at OMB, because I think that's where the decision was made.
I think the outcry would be very, very strong. There is a huge conflict of interest here, and such an individual should not be included.
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