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Nydia Velazquez: “This is a regulation nightmare for financial institutions in…”

Featuring: Nydia Velazquez, Democratic | U.S. House New York, District 7

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Published | Video Starts at 29:14

Months later, here we are. And so on top of that, this is the Republican Party, is the party of against unfunded mandate and increasing regulation. This is a regulation nightmare for financial institutions in this country. So a lot of the members will be getting calls from their own constituents regarding this legislation. (29:14–29:21)

CLAIM

Asserts that current regulations are problematic for financial institutions.

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