Political Quotes

On the recordJuly 11, 2023
the more requirements that are placed on them by us, federally, the harder it is for them to spend the time, the paperwork, to do those small mortgages
Said by
Cynthia Lummis
Republican · Wyoming

Editor's note · Context

Lummis discusses the challenges small banks face due to federal regulations.

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More from Cynthia Lummis

Oct 18, 2023

I am deeply concerned about that, because some of the examples pre-Sackett of enforcement actions in Wyoming would, to the naked eye of people with common sense, seem to be beyond the scope of the Federal Government.

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Sep 12, 2023

So if your ultimate goal is to provide real consumer protection, shouldn't the SEC withdraw Staff Accounting Bulletin 121 to allow banks to provide custody?

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