Rep. McHenry Issues Statement on President Biden Bank Merger Executive Order
July 10, 2021
July 10, 2021
WASHINGTON, July 10 -- Rep. Patrick McHenry, R-North Carolina, ranking Republican member of the House Financial Services Committee, issued the following statement on July 9, 2021, on President Biden's executive order that would drive up regulatory costs on financial institutions, leading to further consolidation:
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"This is nothing more than Democrats' attempt to clean up their own mess caused by Dodd-Frank.
"The law's maze of . . .
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"This is nothing more than Democrats' attempt to clean up their own mess caused by Dodd-Frank.
"The law's maze of . . .