By Jon Hill (March 8, 2022, 6:24 PM EST) — The highest Republican on the Home Monetary Providers Committee advised bankers on Tuesday to count on “much more oversight” of the federal monetary regulators in Congress subsequent 12 months if his get together is victorious within the midterm elections.
Talking at an American Bankers Affiliation convention in Washington, D.C., Rep. Patrick McHenry, R-N.C., criticized the aggressiveness of Biden regulatory appointees like Rohit Chopra, who heads the Shopper Monetary Safety Bureau, and mentioned he plans to “verify” them with harder oversight if Republicans retake the Home.
“What we all know will occur subsequent Congress is much more oversight of the monetary regulators than what…
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