Congressman Flood Introduces the Stop Executive Capture of Banking Regulators Act
July 26, 2023
July 26, 2023
WASHINGTON, July 26 -- Rep. Mike Flood, R-Nebraska, issued the following news release:
U.S. Congressman Mike Flood recently introduced the Stop Executive Capture of Banking Regulators Act. The act would add oversight of financial regulators implementing policy recommendations from the Financial Stability Oversight Council (FSOC).
"The Biden Administration has repeatedly tried to use the regulatory power of executive branch agencies to enact the policy wish list of . . .
U.S. Congressman Mike Flood recently introduced the Stop Executive Capture of Banking Regulators Act. The act would add oversight of financial regulators implementing policy recommendations from the Financial Stability Oversight Council (FSOC).
"The Biden Administration has repeatedly tried to use the regulatory power of executive branch agencies to enact the policy wish list of . . .