Financial Services Committee Republicans
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11/29/2023
Director Chopra's tenure at the head of the can be defined by a single word: unaccountable.
Committee Republicans are taking Chopra's CFPB to task for its policies that disregards Congressional intent and exceeds its statutory authority.
: Chairman Patrick McHenry to CFPB Director Chopra at today's hearing:
"Where the Biden Administration doesn’t have the authority or votes in Congress to make a change, the CFPB under your leadership simply forges ahead, unchecked."
Read More:
https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409059
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11/27/2023
"It should be left to bankers, not regulators, to determine which risks are worth taking."
Biden regulators' Basel III endgame proposal would inject bureaucrats into balance sheets to reduce lending, stifle homeownership, and make credit more expensive.
New Bank Capital Plan Takes the Wrong Approach Regulators shouldn’t try to micromanage balance sheets. Better to set simpler leverage limits and leave the risk decisions to bankers.
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