House conservatives will mount an effort to have the NCUA’s new Member Business Loans revoked next year, as part of a campaign to roll back regulations they consider onerous.
The House Freedom Caucus, whose members include Rep. Mick Mulvaney (R-S.C.), President-elect Donald Trump’s nominee for budget director, has issued a list of more than 200 rules and regulations it wants revoked.
Many of the rules come from cabinet-level agencies that Trump could order to issue new rules eliminating the ones the caucus opposes.
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