FINANCIAL REGULATION - JOHN BERLAU
CEI's John Berlau is set to testify before two House committees this week on legislation to lower regulatory barriers.
Today, Berlau testifies before the House Subcommittee on Financial Institutions and Consumer Credit.
"This hearing also shines light on one of the most untold stories on the workings of Congress. This story is that – believe it or not – members of Congress are working together and finding common ground on legislation that would pare down excessive regulations that block stable and transparent sources of credit and capital for both consumers and entrepreneurs. And they are doing so by getting together on bills that lower barriers for many sources that provide consumer and business financing: community banks, credit unions, and, as this hearing will explore, nonbank lenders or nondepository creditors." > Read the full testimony
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