finally, it is ludicrous for anybody to recommend the Chairman’s help for customer option and freedom.

2nd is just one of several statements Chairman Hensarling has made concerning the Financial SELECTION Act, which passed the home in June. In a nutshell, the Financial SELECTION Act will end taxpayer bailouts of big banks, toughen charges for many who commit monetary fraud or insider trading, and supply regulatory relief for finance institutions. The Congressional Budget workplace issued a study noting that most the Financial SELECTION Act’s regulatory relief is aiimed at community banking…