Regulator’s Timing Called into Question by Congressional Representatives

Key Points:

• The actions of a federal regulator are under scrutiny by Congressional representatives.
• Reps. French Hill and Dusty Johnson have criticized the timing of the regulator’s actions as an attempt to undermine their own efforts.
• The regulator’s actions and the congressional representatives’ efforts both concern the regulation of the financial services industry.

Hot Take:

It looks like the battle over financial services regulation just got a lot more interesting. While regulators and Congressional representatives each have their own agendas, it remains to be seen whether there will be some common ground to be found in the name of protecting consumers. Regardless, it seems that this drama is only just beginning.
Original article: https://rss.app/articles/cb4e791f6f6d729c04434f0c7cd9bc850f1b032a513cbdec8df288168c857e88b04ff70f76d8d977f2ab752a805412cf319235b09947395796788034d69709788ee130bce6ef25f0fbc33ea02fa4231ccf334e055a02fabea6dc604a84d1afa1d6c9d4931a039a16d0927871c5653c30858e5dcd9c03eec06022ee9c2989c0d3