Congress in Talks to Provide Regulatory Relief to Smaller Banks: Cohn

From: US News & World Report

By Pete Schroeder

WASHINGTON (Reuters) – A top White House economic adviser said Monday there was “real agreement” in Congress to allowing smaller banks to avoid stricter regulatory scrutiny.

***

In particular, he expressed confidence that Congress would ultimately alter the 2010 Dodd-Frank financial reform law to raise the caps that determine which big banks garner tougher scrutiny.

Read Complete Article

Leave a Reply

2 × two =