Date: February 9, 2015
Issue: Regulatory Reform
To: Members of the Committee on Banking, Housing and Urban Affairs
Filing Type: Hill
Description: Small- and mid-size banks and credit unions are important liquidity and capital providers for Main Street businesses and entrepreneurs. The Chamber is increasingly concerned that these institutions, through threshold requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the broad application of Basel III implementing regulations, are subject to rules designed for larger, more globally active institutions.