Lawmakers Urge Regulators to Rethink “One-Size-Fits-All” Bank Regulations

Lawmakers Urge Regulators to Rethink “One-Size-Fits-All”

Republican members of the House Financial Services Committee have called on federal banking regulators to reconsider their “one-size-fits-all” approach to regulations for mid-sized banks with assets between $100 billion and $250 billion. In a letter dated Friday, Nov. 21, the lawmakers urged the Federal Reserve Board (FRB), the Office of the Comptroller of the Currency … Read more