ICBA head Fine tells The Wall Street Journal bipartisan support exists for community bank regulatory relief
WASHINGTON, 19 May 2015 – ICBA President and CEO Cam Fine told The Wall Street Journal that there is opportunity for bipartisan support of community bank regulatory relief provisions in new Senate legislation.
Senate Banking Committee Chairman Richard Shelby’s (R-Ala.) draft bill includes several ICBA-advocated regulatory relief provisions, including less restrictive mortgage regulations, relief from excessive regulatory examinations and quarterly reporting requirements, and an exemption from the Volcker Rule.
“I think there’s a lot of room for coming together in a bipartisan way and achieving a consensus that gets really badly needed relief to community banks,” Fine told the Journal. “We will continue to work this issue very, very hard.”
>> Read the article
>> Read more on this, other issues in ICBA Weekly News.