Lawmakers’ Global Competitiveness Argument Is a Red Herring

American Banker
March 5, 2014

The House Oversight and Investigations Subcommittee will hold an important hearing titled “The Growth of Financial Regulation and its Impact on International Competitiveness” today.

While the topic is certainly one that merits serious analysis and discussion, the biased nature of the memo to the members of the Committee on Financial Services raises the specter that U.S. financial institutions will flee abroad due to U.S. financial regulation…Read More

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