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The top Democrat on the House Financial Services Committee sent a letter advocating for Commodity Futures Trading Commissioner Kristin Johnson to serve as the Treasury Department’s next assistant secretary of financial institutions.

House Democrats take fresh aim at capital rules

Several senior Democrats on the House Financial Services Committee this morning continued to signal serious concerns with new capital rules proposed by President Joe Biden’s banking regulators, pressing for changes before they are finalized.

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Presented by Americans for Prosperity

The Tax Cuts and Jobs Act gave families $1,500 yearly, boosted small businesses, and strengthened U.S. competitiveness. Allowing it to expire would jeopardize this progress. Congress: Renew the TCJA to secure growth and prosperity for all.

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