A group of House Republicans introduced legislation Wednesday that they said would fight back against President Biden's latest attempts to push his 'woke agenda' upon small businesses.
"It's over-regulating financial institutions and that's why they're so concerned," he told FOX Business. "This rule would basically force community banks and credit unions to collect and report data a lot of people would consider somewhat sensitive."
Signage is seen at the Consumer Financial Protection Bureau headquarters in Washington, D.C. on May 14, 2021. Reuters/Andrew Kelly The spokesperson added that the CFPB hasn't yet implemented the rule, saying the agency was "carefully reviewing" all comments it received from stakeholders. Rohit Chopra is pictured before President Biden picked him to lead the Consumer Financial Protection Bureau in 2021.
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